|UAE – Abu Dhabi||US$ 66.3 Billion||Origin: Oil|
Transparency Rating: 10
View Sovereign Fund Transaction Data
|Firm Investment Style: Portfolio
Entity Structure: Corporate
Pop Est.: 921,000 – 2013 – Abu Dhabi
Wealth Per Capita Est.: $66,124
Mubadala Development Company PJSC
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The board of directors is responsible for the direction and oversight of Mubadala on behalf of its shareholder and is accountable to it for all aspects of Mubadala’s business, including corporate governance.
The ruler of Abu Dhabi has power to replace board members.
Mubadala’s Investment Committee is responsible to the board of directors and watching over investment strategy, for the overall performance of Mubadala and for managing Mubadala’s business, as defined by the Investment Committee Charter.
As of 2015, Mubadala’s business was restructured into four global business platforms that together encompasses across 11 sectors and over 20 countries.
Established in October 2002 as a public joint stock company (PJSC), Mubadala Development Company PJSC is a wholly-owned investment vehicle of the Government of the Emirate of Abu Dhabi, in the United Arab Emirates. Mubadala’s sole shareholder is the government of the Emirate of Abu Dhabi. Mubadala has a deep focus on capital intensive industries such as aerospace, real estate, semiconductors, renewable energy and healthcare. The sovereign fund is involved in some of the biggest real estate and infrastructure developments in Abu Dhabi.
Background on Mubadala
Mubadala is now partly self-funded, unlike the Abu Dhabi Investment Authority which receives money from oil revenues. Mubadala aims to be a catalyst for facilitating the growth and diversification of Abu Dhabi. As of 2013, Mubadala has operations spanning in more than 17 countries.
Mubadala is a strategic development sovereign wealth fund (SDSWF). The sovereign fund also has a large percentage of assets dedicated to financial investments.
Mubadala is the Arabic word for “exchange.”
United Arab Emirates – Total Reserves including Gold
Source: UAE Government – Billions USD, Annual Series
Historical Assets Under Management – Mubadala
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