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Mubadala Capital acquires 42% stake in Silver Rock Financial LP in strategic partnership

Mubadala Capital acquires 42% stake in Silver Rock Financial LP in strategic partnership

12/05/24, 11:50 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Industry
lending
finance
financial services
Mubadala Capital, the alternative asset management subsidiary of Mubadala Investment Company, has announced a strategic partnership with Silver Rock Financial, a premier credit asset manager with over $10 billion in assets under management (AUM). This landmark deal involves Mubadala Capital acquiring a 42 percent stake in Silver Rock Financial LP through a combination of cash and stock, with an option in place that could take Mubadala Capital's ownership to 50 percent over time. The partnership aims to bolster Mubadala Capital's presence in the credit sector and provide Silver Rock Financial access to Mubadala Capital's skills, global network, and capital base.

Company Info

Company
Mubadala Capital
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