Mubadala Ties Up 25-Year Strategy with Silver Lake Partners

Posted on 09/30/2020

Abu Dhabi-based Mubadala Investment Company is committing US$ 2 billion to a 25-year strategy plan led by U.S. private equity firm Silver Lake Partners. In addition, Mubadala is taking a minority stake, less than 5%, in Silver Lake from Dyal Capital Partners. Dyal Capital Partners is a unit of U.S.-based investment management firm Neuberger Berman Group.

In 2016, Dyal Capital Partners acquired a stake of less than 10% in Silver Lake. Dyal will retain nearly half of its original investment.

“The creative structure of this new strategy provides significant added flexibility for Silver Lake to capitalize on a wide range of investment opportunities, including those outside the mandates of our existing funds,” Silver Lake Co-CEOs Egon Durban and Greg Mondre said in a statement.

“As an institution that has long seen the potential of investing in the technology sector, we are excited to partner with Silver Lake, one of the world’s most respected technology investors, to capitalize on major opportunities within and beyond the industry,” said Khaldoon Al Mubarak, Managing Director and Chief Executive Officer of Mubadala. “Technology is the bedrock of the global economy, and fundamental to all other sectors that are being significantly digitalized. Our goal is to be well positioned to take advantage of this accelerated digital transformation and its potential, and we believe Silver Lake is the right partner and that this is an optimal structure for us.”

Silver Lake Partners, with origins in Silicon Valley tech investments, moved on to more popular companies such as Twitter Inc., Endeavor Group Holdings Inc., Airbnb Inc., and Expedia Group.

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