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Brazil

Private Equity

Solutions

Ventures

Our Portfolio

Acorn Holdings B.V.

Acosta Sales & Marketing

Acelen Renewables

Acelen

Atvos

Bluefit

CERC

Clariens Educação

MetrôRio

Rota das Bandeiras

São Paulo Grand Prix (F1)

Zamp

ADT Korea

Alliance Laundry Systems

Altice Europe N.V.

Aman

Amann Girrbach AG

Athletico Physical Therapy

Canada Cartage

Cegid Group

China Cinda Asset Management Co.

China Cinda Asset Management Co.

Culligan International

EMI Music Publishing

Endeavor

Esentia Energy Systems

First Eagle Invesment Management

First Eagle Invesment Management

Form Technologies

Fortress Investment Group

Hayward Industries

Imagine Entertainment

K-MAC Enterprises, Inc.

Lemonade

Looping Cie

Mauser Packaging Solutions

Peterson Farms

REEF Technology Inc.

Reigning Champs

Restaurant Brands International

Saferoad Holding ASA

The Kraft Heinz Company

Thrive Foods

Trufood Manufacturing

WaterBridge Resources II LLC

Whataburger

Witherslack Group

YES Network

Abdalusia Labs

Alloy Therapeutics

Altos Labs

Appreciate

Arbol

Archer

Auron Therapeutics

Balbix

Beans.AI

BetterUp

Brex

C2FO

CapitalRx

Cardless

Cazoo​

Chroma Medicine

Ciitizen

Coin Metrics

Collective Health

Color

Dewpoint Therapuetics

EasyPost

EpiBiologics

Exscientia​

FirstVet​

Flink​

Flip

Fortem

Gabi

GC Therapeutics

Georgiamune

Glovo

HiveMQ

Huboo​

InCountry

Innovaccer

Insitro

IonQ

Juni

Juvena Therapeutics

Kisbee

Lyell Immunopharma

Matera​

Metsera

mmhmm

Neumora Therapeutics

Ocrolus

Orca Biosystems

Outpace Bio

Owkin​

Paceline

Paradigm

People.ai

<h1>As a sovereign investor with an entrepreneurial mindset, we strategically invest worldwide in asset classes and sectors that deliver competitive advantages.</h1>

Mubadala Capital’s Private Equity team capitalizes on our expansive global relationships to identify compelling themes and create attractive investment opportunities that generate superior risk-adjusted returns. Our approach is centered on capital preservation and downside protection.

About Private Equity

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FINANCIAL TIMES: Mubadala Capital sees chance to buy up large private equity stakes

Mubadala Capital Closes Private Equity Fund IV with Total Commitments of $3.1 Billion, Surpassing Initial Target by Over $1 Billion

Mubadala Capital Acquires Majority Stake in Babel in Partnership with the Executive Team and Founders

Mubadala Capital to Acquire Bugaboo Group, Iconic Parenting Solutions Brand

Polaris Sells RelyOn Nutec to Mubadala Capital

Fortress Management and Mubadala Complete Acquisition of Fortress Investment Group

Mubadala Capital Portfolio Company TruFood Manufacturing to Combine with Bar Bakers

Fortress Management and Mubadala to acquire Fortress Investment Group

PAI Partners in final negotiations to acquire The Looping Group from Mubadala Capital

Ardian and Mubadala Capital announce US$2.1 billion private equity partnership transaction 

Mubadala Capital to acquire TruFood

Mubadala Capital to acquire Canada Cartage, the leading short-haul trucking and logistics business in Canada

Mubadala Capital backs SX global to launch new FIM supercross world championship

Entrepreneurial Equity Partners and Mubadala Capital Private Equity Invest in Mercer Foods and Thrive Foods

Mubadala Capital acquires K-MAC Enterprises, the second largest Taco Bell franchisee in the United States

Mubadala Capital Closes Private Equity Fund III with Total Commitments of $1.6 billion

Mubadala Capital and BlackRock Form Partnership Across Private Equity Funds

BDT Capital Partners and Mubadala Strengthen Partnership with Acquisition of Culligan International

Sony Corporation to acquire EMI Music Publishing from Mubadala

News

Strong network of highly integrated senior operating partners focused on supporting the Private Equity team’s investment activities through sourcing, diligence and value creation across their key areas of sector focus.

Mark Carleton has served as an Operating Partner for Mubadala Capital since 2022. 
 
Mr. Carelton currently serves as a member of the board of directors of Reef Technology. From 2003 to 2021, Mark held a number of senior executive positions at Liberty Media, including Chief Financial Officer and Chief Development Officer. Prior to joining Liberty Media, Mark served as a partner in the accounting firm of KPMG, where he had overall responsibility for the communications sector and served on KPMG's board of directors. 
 
Mr. Carleton graduated from Colorado State University with a B.S. in Accounting.

Mark Carleton

Mahesh Jadhav has served as an Operating Partner for Mubadala Capital since 2022. 
 
Current/Previous employers and/or Boards: PeopleShores, Board of Directors; Purple Arch Ventures, Investment Committee; Sankalp Semiconductors, Board of Directors; Cognizant, Global Market Lead; Accenture, Global Services Head, Strategy Consulting Lead; Panex, Senior Managing Director and Client Partner; PwC, Principal Strategy Consultant; Siemens, Manager, Finance and Strategy; Tata Motors, R&amp;D Software Engineer

Mahesh Jadhav

Javier Abad Marturet is Senior Operating Partner at Mubadala Capital, with specific focus on advising on deal sourcing and portfolio management in Europe. 
 
Javier has more than 30 years of international deal and operational experience across sectors including leisure and wellness, business services, consumer goods and light industrials. Javier has sat on boards of listed and private global companies including Parques Reunidos (Spain-based operator of over 70 entertainment parks in EU ad USA), TechnoGym (Italian based leading provider of fitness equipment and services), Stork Services (Netherlands engineering group with global presence), Hilding Anders (largest EU mattress manufacturer based in Sweden with more than 20 brands and 20 manufacturing locations), Everis-NTT Data (Spain based global mission critical IT services provider), Noatum (Spanish freight forwarder and logistics with global operations), Lecta (Spain based international paper manufacturer and distributor). 
 
Javier has previously been Partner in Apax Partners and Arle Capital Partners. Prior to this, Javier was a Partner at A.T. Kearney.Mahesh Jadhav, Tech-enabled business services.

Javier Maturet

Russ Pillar has served as an Operating Partner for Mubadala Capital since 2019.&nbsp; 
 
Mr. Pillar’s experience encompasses global senior executive roles at the Virgin Entertainment Group, the CBS Internet Group, the Viacom Digital Media Group, Prodigy Internet, the Los Angeles Marathon, and Reigning Champs, among others; his Board of Director's service spans more than three dozen public and private for-profit and non-profit sports, media, and entertainment companies including AVP Pro Beach Volleyball, Silver King Communications/IAC, Zumba Fitness, SportsLine, MVP.com, MarketWatch, Sportable, SX Global/World Supercross Championship, and TiVo, among many others; his mission-driven non-profit Board of Directors service includes The Nature Conservancy (Idaho), the Brown University Sports Foundation, Running USA (where he founded and chaired the National Youth Running Initiative), Heal the Bay, the Ocean Institute, and the Ronald McDonald House Children's Charities (Florida). He was a member of the Council on Foreign Relations and Young Presidents’ Organization; he is a Henry Crown Fellow at The Aspen Institute and a member of the Aspen Global Leadership Network. 
 
Mr. Pillar graduated Phi Beta Kappa, cum laude from Brown University with an A.B. in East Asian Studies.

Russ Pillar

Kevin Reddy has served as an Operating Partner for Mubadala Capital since 2021.&nbsp; 
 
Mr. Reddy served as the Executive Officer of Noodles &amp; Company. He became a member of board of directors in May 2006, and Chairman of the Board in May 2008. Mr. Reddy was President and Chief Operating Officer from April 2005 to April 2006, continuing to serve as President until July 2012. Prior to joining Noodles &amp; Company, he was the Chief Operating Officer, Chief Operations Officer and Restaurant Support Officer for Chipotle Mexican Grill. Mr. Reddy began his professional career with McDonald's Corporation in 1983 as a regional controller. Mr. Reddy has received a number of awards in connection with his role as Chief Executive Officer, including being named "Entrepreneur of the Year" by Restaurant Business Magazine in 2009, "All-Star CEO" by Restaurant Finance Monitor in 2012 and was named to Nation's Restaurant News’ 2014 “Builders List,” created to feature people who are taking restaurant brands to the next level. He currently serves on the executive advisory board to the Daniels School of Business at the University of Denver. He received a BS in Accounting from Duquesne University.

Kevin Reddy

Operating Partners

Highly motivated team of professionals from diverse backgrounds.

Adib Mattar joined Mubadala in 2008 and is the Head of Private Equity for Mubadala Capital and a member of the Mubadala Capital Investment Committee. Prior to joining Mubadala, Mr. Mattar was a banker with Credit Suisse’s Energy investment banking team in New York. Mr. Mattar currently serves as a board member for Parking Platform and Reigning Champs. 
 
Mr. Mattar graduated from the College of William &amp; Mary in Virginia with a B.A. in International Relations, and he holds an MBA and Masters of Science in Foreign Service (MSFS) from Georgetown University in Washington D.C.&nbsp; Mr. Mattar is a Fellow at the Aspen Institute.

Adib Martin Mattar

Kevin Kokko joined Mubadala in 2008 and is the Co-Head of Private Equity for Mubadala Capital and a member of the Mubadala Capital Investment Committee. Mr. Kokko has a background in investment banking with Citigroup in Toronto and London and has previously worked for the Office of Tony Blair first in one of Mr. Blair’s charities, Africa Governance Initiative, and most recently in Mr. Blair’s commercial business, Tony Blair Associates, where he was a Director of Advisory and Principal Strategies. 
 
Mr. Kokko graduated from the Richard Ivey School of Business at the University of Western Ontario with an Honors in Business Administration degree.

Kevin Kokko

Antoun Ghanem joined Mubadala in 2007 and is an Executive Director in the Private Equity Team. Prior to joining Mubadala, Mr. Ghanem was a Senior Vice President in the Mubadala Services Venture unit where he led investments alongside international partners into JVs in the financial services, logistics, transportation and defense services sectors drawing on his extensive experience gained as a strategy consultant with Booz Allen Hamilton from 2005 to 2007. 
 
Mr. Ghanem graduated from McGill University with an MBA and a Bachelor of Honors Electrical Engineering.

Antoun Ghanem

Samuel Merksamer

Matt Kim joined Mubadala in 2014 and is a Director in the Private Equity Team. Prior to joining Mubadala, Mr. Kim was an Assistant Vice President at Bank of America Capital Advisors from 2009 to 2014, where he focused on evaluating private equity investment opportunities globally across the buyout, growth equity, and venture capital asset classes.&nbsp; 
 
Mr. Kim graduated cum laude from Boston University with a B.S. in Business Administration with concentrations in Finance and Entrepreneurship. Mr. Kim is also a CFA Charterholder.

Matt Kim

Nadine Mazhar joined Mubadala in 2015 and is a Senior Principal in the Private Equity Team. Prior to joining Mubadala, Ms. Mazhar was an Investment Banking Associate at Citigroup Global Markets from 2012 to 2015, where she worked in the Canadian and Middle East Investment Banking teams focused on M&amp;A across a wide range of industries. 
 
Ms. Mazhar graduated with distinction from the Honors Business Administration program at the Richard Ivey School of Business at the University of Western Ontario in Canada.

Nadine Mazhar

Mohamed Tazi joined Mubadala in 2014 and is a Senior Principal in the Private Equity Team. Prior to joining Mubadala, Mr. Tazi was an M&amp;A Associate at Citi in Paris from 2010 to 2014, where he focused on transactions across a wide range of industries. 
 
Mr. Tazi holds a Master’s Degree from HEC Paris, with a major in Corporate &amp; Business Strategy.

Mohamed Tazi

Thomas Halford joined Mubadala in 2019 and is a Principal in the Private Equity Team. Prior to joining Mubadala, Mr. Halford worked from 2016 to 2019 in the Investment Banking Division of Bank of America Merrill Lynch in London, with a focus on Technology / Media and Financial Institutions M&amp;A. 
 
Mr. Halford graduated from the London School of Economics and Political Science (LSE) with a degree in Accounting and Finance.

Tom Halford

Ram Kolluri joined Mubadala in 2014 and is a Principal in the Private Equity Team. Prior to joining Mubadala, Mr. Kolluri was an Investment Banking Analyst at Goldman Sachs, where he focused on M&amp;A and financing transactions across a range of companies in the business services sector. After Mubadala and Sony’s acquisition of EMI Music Publishing (EMI), Mr. Kolluri joined EMI as Director, Financial Analysis and focused on a range of corporate finance and strategic initiatives prior to joining Mubadala Capital full time in 2014. 
 
Mr. Kolluri graduated cum laude from Dartmouth College with a B.A. in Economics and Government.

Ram Kolluri

Murat Konuk joined Mubadala in 2023 and is a Principal in the Private Equity Team.&nbsp; Prior to joining Mubadala, Mr. Konuk worked at a number of private equity firms including Castle Harlan, Blackstone and most recently as a Vice President at KPS Capital Partners. 
 
Mr. Konuk graduated from Rice University with a B.A. in Mathematical Economic Analysis.

Murat Konuk

Kelly Yu joined Mubadala in 2022 and is a Principal in the Private Equity Team. Prior to joining Mubadala, Ms. Yu was an Investment Principal at AB InBev’s in-house growth equity fund, ZX Ventures. 
 
Ms. Yu graduated from the Booth School of Business at The University of Chicago and holds a B.S. in International Relations and Affairs from Georgetown University.

Kelly Yu

Adam Arif joined Mubadala in 2021 and is a Senior Associate in the Private Equity Team. Prior to joining Mubadala, Mr. Arif worked in the TMT group at Houlihan Lokey in New York where he focused on M&amp;A and restructuring transactions in Sports, Media / Entertainment and Technology.&nbsp;&nbsp; 
 
Mr. Arif graduated from the Honors Business Administration program at the Richard Ivey School of Business at the University of Western Ontario in Canada.

Adam Arif

Abdul Razzak El Jarkass joined Mubadala in 2017 and is a Senior Associate in the Private Equity Team. 
 
Mr. El Jarkass graduated from the Rotman School of Management at the University of Toronto with a BCom in Accounting and is a CFA Charterholder.

Abdul Razzak El Jarkass

Paloma Bertolina joined Mubadala in 2024 and is an Associate in the Private Equity Team.&nbsp; Prior to joining Mubadala, Ms. Bertolina was an Investment Banking Analyst with Citi in London. 
 
Ms. Bertolina graduated from Sorbonne University and holds a double masters degree in Management and from ESSEC&nbsp; and Finance from Sorbonne University.

Paloma Bertolina

Nathan Huynh joined Mubadala in 2023 and is an Associate in the Private Equity Team. Prior to joining Mubadala, Mr. Huynh was an Investment Banking Analyst with Greenhill &amp; Co. 
 
Mr. Huynh graduated from The Wharton School of the University of Pennsylvania with a B.S. in Economics.&nbsp;

Nathan Huynh

Jasem Rashed joined Mubadala in 2021 and is an Associate in the Private Equity Team. Prior to joining Mubadala, Mr. Rashed spent three years as an associate at PwC in Dubai. 
 
Mr. Rashed graduated from the University of British Columbia with a B.A. in Economics and Political Science.&nbsp;

Jasem Rashed

Alexandre Weil joined Mubadala in 2023 and is an Associate in the Private Equity Team. Prior to joining Mubadala, Mr. Weil was an Investment Banking Analyst with Bank of America Merrill Lynch before joining the Boston Consulting Group. 
 
Mr. Weil graduated from the University of Bristol with a B.S. Economics &amp; Econometrics, and holds a Masters degree in Finance &amp; Economics from the University of Cambridge.&nbsp;

Alexandre Weil

Abdulaziz Alfalahi joined Mubadala Capital is 2024 and is an Analyst in the Private Equity Team. Prior to joining Mubadla, Mr. Alfalahi worked as a consultant with McKinsey &amp; Company Inc. 
 
Mr. Alfalahi graduated from Georgetown University with a B.S. in Finance and International Affairs.

Abdulaziz Alfalahi

Ayman Serry

Yajas Shah

Christopher Sernas

Ramin Amin-Javaheri

Our Team

Mubadala Capital Private Equity has an exceptional track record of backing great management teams and leveraging Mubadala’s sovereign ownership to generate attractive risk-adjusted returns for investors

Private Equity | Mubadala Capital

Disclaimer: The list of investments presented herein is not a complete list of investments purchased, sold or recommended to advisory clients, but reflects Mubadala Capital’s active investments as of&nbsp;November 1, 2024. The presentation of these investments is not intended to be illustrative for investment purposes and should not be relied upon for investment making decisions. It should not be assumed that the investments listed herein were or will be profitable, or that any recommendations made in the future will be profitable or achieve similar results as the investments described herein.

Portfolio 1 Sub

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It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.&nbsp;

It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.&nbsp;

Case Study Number 2

<h1>Middle market&nbsp;direct control and active minority investments in North America and Europe</h1>

Mubadala Capital’s Private Equity program is guided by the following key principles: 
 
<ul> 
	<li>Generate proprietary deal flow through sovereign access and a differentiated network of unique global relationships.</li> 
	<li>Target resilient sectors with a focus on structuring downside protection while preserving maximum upside potential, growth and long-term value creation.</li> 
	<li>Utilize a proactive and flexible approach to structure investments with a demonstrated ability to create high-quality opportunities either as a controlling shareholder or active minority investor.</li> 
	<li>Deepen ties with key financial and strategic partners to benefit from global insights and network advantages for portfolio companies.</li> 
	<li>Time exits strategically to optimize returns for our investors</li> 
</ul>

Investment Principles

Our team focuses on direct control and active minority investments primarily in North America and Europe within four core sectors: 
 
<ul> 
	<li>Media, sports and entertainment</li> 
	<li>Consumer and food services</li> 
	<li>Financial services</li> 
	<li>Business services</li> 
</ul> 
 
The investment strategy does not include real estate, infrastructure, businesses with excessive commodity exposure and turnaround situations. 
 
Geographic and Financial Focus 
 
While our primary focus remains on North America and Europe, we selectively explore opportunities in other regions that can benefit from our strong relationships. 
 
We target control and active minority investments. equity investments ranging from $100 million and $300 million, maintaining a conservative approach to valuation and leverage. Each transaction incorporates structural protections to mitigate potential downside risks while preserving maximum upside potential.

Investment Parameters

Our Strategy 

Middle market direct control and active minority investments in North America and Europe

About Private Equity

Our Strategy

Our Team

Adib Martin Mattar

Adib Martin Mattar

Kevin Kokko

Kevin Kokko

Antoun Ghanem

Antoun Ghanem

Samuel Merksamer

Samuel Merksamer

Operating Partners

Mark Carleton

Mark Carleton

Mahesh Jadhav

Mahesh Jadhav

Javier Maturet

Javier Maturet

Russ Pillar

Russ Pillar

Our Portfolio

News

Contact Us