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Mubadala, Silver Lake establish long-term investment strategy

Mubadala, Silver Lake establish long-term investment strategy
Mubadala has acquired a minority equity interest in Silver Lake

UAE - Mubasher: Mubadala Investment Company (Mubadala) has partnered with Silver Lake, a global technology investment firm, to develop a 25-year investment strategy, according to a press release on Wednesday.

Led by Silver Lake and supported by Mubadala through a $2 billion investment, the strategy aims to explore investment opportunities in different structures, geographies, and industries and throughout all forms of capital structures.

In addition to the new strategy, Mubadala has acquired a minority equity interest in Silver Lake from Dyal Capital Partners, a subsidiary of Neuberger Berman, through a secondary transaction.

In 2016, Dyal Capital Partners acquired a non-voting equity interest of less than 10% in Silver Lake.

Mubadala and Silver Lake have cooperated in several investments, including Endeavor, Waymo, and India-based Jio Platforms.

Silver Lake Co-CEOs, Egon Durban and Greg Mondre, commented: "Mubadala’s support has enabled us to launch an innovative strategy that is unprecedented in its multi-decade time horizon, underscoring our long-term commitment to our portfolio companies and providing tremendous strategic advantages as we seek to generate exceptional results for many years to come."

Meanwhile, the Managing Director and CEO of Mubadala, Khaldoon Al Mubarak, said: "Technology is the bedrock of the global economy, and fundamental to all other sectors that are being significantly digitalized.  Our goal is to be well-positioned to take advantage of this accelerated digital transformation and its potential."

It is noteworthy to mention that in August, Mubadala and New York-based Kohlberg have signed an agreement to acquire the majority stake in medtech company PCI Pharma Services, as part of Mubadala's investments in the technology sector.