Mubadala Acquires Stake in Growing Hedge Fund Phoenician Capital

Posted on 04/24/2018

Mubadala Investment Company, through its unit Mubadala Capital, purchased a minority stake Phoenician Capital, LLC. Although terms and size of the deal were not disclosed, the agreement grants Mubadala Capital rights to invest in a fund managed by the New York-based firm, which generated respective returns of 40.8% and 33.0% in 2016 and 2017, against […]

Get News, People, and Transactions, Delivered to Your Inbox