Apollo takes minority stake in Abu Dhabi’s Mubadala Capital

Apollo Group has finally taken a minority stake in Abu Dhabi’s Mubadala Capital after an 18-month delay from an initially announced deal by Mark Walter’s holding company TWG. This move signifies Apollo's renewed commitment to expanding its footprint in the Middle East, a region known for its vast investment opportunities and economic growth. While the specifics of the investment remain undisclosed, this partnership could have significant implications for both Apollo's strategic direction and Mubadala Capital’s growth plans in global markets.