Mubadala has partnered with China Development Bank Capital and China’s State Administration of Foreign Exchange to establish the UAE-China Joint Investment Fund.
The UAE-China Joint Investment Fund, managed by Mubadala Capital’s Sovereign Investment Partnership team, enables the UAE and China to jointly to deploy capital in projects of strategic and commercial importance.
Launched in December 2015 by Mubadala, China Development Bank Capital and China’s State Administration of Foreign Exchange, the UAE-China Joint Investment Cooperation Fund will deploy capital in jointly-approved investments in the UAE and China. This initiative is funded equally by the UAE and Chinese governments.
The fund has the flexibility to look at a range of alternative investment strategies, asset classes and special opportunities, including greenfield investment projects, with the aim of building a balanced portfolio with a focus on sustainable returns and principal capital protection.
The sourcing and diligence of new investments will be undertaken by a team that will include both existing Mubadala and CDBC employees, and newly hired investment professionals.