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Direct Investment  + M&As  |  May 5, 2025
TWG Global, Mubadala Capital Announce Multi-Billion Dollar Investment Alliance 
Joe Palmisano
By: Joe Palmisano

TWG Global, Mubadala Capital Announce Multi-Billion Dollar Investment Alliance 

TWG Global (TWG) has agreed to acquire a minority stake in Mubadala Capital (MC), the asset management arm of Abu Dhabi’s Mubadala Investment Company. TWG will invest $2.5 billion in MC, which will lead a $10 billion syndicated investment in TWG Capital, contributing to TWG’s $15 billion equity raise aimed at pursuing global investment opportunities. 

TWG and its partners also pledged an additional $20 billion in future capital to cement the long-term strategic partnership between the two firms. 

“By combining our institutional expertise and capital resources through this unique alignment of interests, we are strengthening our joint abilities to access and scale high-quality investment opportunities globally,” said Hani Barhoush, managing director and CEO of Mubadala Capital. 

TWG, a more than $40 billion holding company, spans sectors including financial services, insurance, technology, sports, and entertainment. Its portfolio includes Guggenheim Investments, Group 1001 Insurance, and prominent sports franchises such as the LA Dodgers, LA Lakers, and Chelsea FC. 

MC manages over $30 billion in private market strategies. Recent activities include acquiring a minority stake in Silver Rock Financial, purchasing Canadian wealth manager CI Financial for $12.1 billion, and expanding its strategic collaboration with Apollo’s Capital Solutions business. 

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TWG GlobalMubadala Capital

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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