Mbapla and Fortis Investment Group, a billion dollar strategic partnership

Abu Dhabi, April 24 / WAM / Today, Mubadala Investment Company “Mubadala”, a global sovereign investment company, and the Fortis Investment Group “Fortis”, a global investment management company, announced the conclusion of a billion US -dollar strategic partnership, focusing on joint investment opportunities in credit and special cases.

This partnership seeks to employ one billion dollars in exchange, in a set of private credit and asset lending strategies and current real estate lending to Fortis, as well as the current investment groups of “Fortis”. Mubadala, through its asset management company, “Mubadala Capital”, has a large share in “Fortis”.

On this occasion, Omar Erekat, Executive Vice President of the Credit Investment Sector and Special Cases in Mubadala said: “This strategic partnership with” Fortis “strengthens our current investments, and confirms the depth and durability of the existing relationship between our institutions, as private credit continues to play an increasing vital role in global capital markets, providing rewarding returns, modified risks and flexible financing solutions for companies, It takes advantage of the integral strengths of Mubadala and Fortress, allowing access to a variety of real estate and credit strategies.

“We look forward to continuing to work with the” Fortis “team, to achieve the great benefits of this partnership, and as a major shareholder in” Fortis “and an investor working according to a long -term vision in the field of private debt, this cooperation with” Fortis “represents a profitable partnership for both parties, based on attractive credit assets categories And fast growth, as “Fortis” has a long experience in investment and asset management.

“This partnership strengthens our strong relationship with Mubadala, and allows the company to invest in a group of our main strategies.”

He added in this regard: “During the talks with our partners, we are increasingly noting their desire for specialized and developed investment solutions, which are reinforced in various credit sectors, and at the same time, we seek to expand the scope of the borrowers’ arrival to capital, by securing larger and more varied capital by investors, and we are pleased to be able to achieve these two goals through this partnership with Mobil. ”

“For more than 25 years of leadership and innovation in the private capital field, we have always provided the best returns and solutions to our partners, and this partnership will allow us to exchange our business, while securing additional capital for our strong business portfolio in the field of private credit, asset -based lending, and real estate financing deals,” said Joshback, co -chief executive of Fortis.

In May 2024, it announced the completion of the acquisition process on 90.01% of Fortis shares, and with the completion of the deal, the Fortis administration had a 32% stake in the company, within a category of shares, which is authorized to appoint the majority of the members of the Board of Directors, while an alliance led by Mubadala Capital, a company, has a asset management company affiliated to Mabbala, 68% of “Fortis” shares, an independent investment management company, and its management has completely independent independence in investment, decision -making, employee and operations affairs.

Investing in “Fortis” is a vivid example of a growth and development strategy for Mubadala Capital as a global asset management company, based on building long -term relationships with the most prominent general partners, agreeing to a fair assessment of their business, consensus with departments, and enabling them to continue to manage their companies with the possibility of benefiting from the system of exchange investments through the capital of limited partners, and supporting the process of allocating funds The necessary investments.

The company intends to continue to implement this strategy in a number of new business fields, and it has established a specialized internal team, which focuses entirely on the application of this approach through strategic partnerships and acquisitions.

“Fortis” strategies combine private credit and asset and real estate lending between their capabilities in determining the sources of financing, its structure and implementation through the capital structure.

The direct credit of companies and asset financing is the essence of “Fortis” offers for more than two decades, as its investments exceeded 100 billion US dollars through thousands of deals, which makes it one of the most experienced asset management companies in the market today.

Fortress has a long global experience in investing in debts and shares of real estate and asset management, with an integrated approach that includes the fields of establishment, acquisition, subscription and risk management.

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