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Gulf SWFs Reposition Private Credit: Scaling up Globally, Deploying Domestically and Building Onshore Markets

26th February, 2026

Private credit assets under management globally reached approximately US$2.4 trillion by the end of 2025, according to industry estimates, and now fund roughly 80% of leveraged buyout financing in the US and Europe.

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Treasury moves to calm sovereign wealth fund tax fears - but questions remain

19th January, 2026

When concerns began to circulate late last year that the Trump administration was preparing to upend the tax treatment of SWFs, the reaction  saw lawyers issue alerts, investors reviewing strategies and fund managers fielded anxious calls.

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Hayfin Stake Marks Strategic Expansion of Mubadala’s Burgeoning Credit Portfolio

24th July, 2025

Mubadala’s acquisition of a minority stake in Hayfin Capital Management, alongside AXA IM Prime, fits squarely within its evolving private credit strategy, which has become one of the fund’s most transformative yet understated plays in recent years.

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State-Owned Titans Double Down on Private Credit with Lazard–Arini Deal

26th March, 2025

British Columbia Investment Management Corporation (BCI) has emerged as the anchor investor in a bold new European direct lending strategy led by Arini Capital Management, in alliance with Lazard Inc.

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APG Expands Private Credit Footprint with Colesco Amid Global Shift in Direct Lending

31st January, 2025

The popularity of private credit as an asset class among state-owned investors is soaring, and Dutch pension giant APG has wasted no time positioning itself at the forefront of this seismic shift.

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Temasek and Mubadala Buy Into Private Credit

10th December, 2024

The private credit market is expanding at a breakneck speed with the market expected to grow nearly double between 2023 and 2030 to approach US$3 trillion – and sovereign wealth funds are increasing their exposure by buying into providers of non-bank loans at high valuations, as well as their own direct lending strategies. 

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Mubadala Builds its Asset Management Empire

28th November, 2024

Mubadala continues to build its asset management empire with the planned acquisition of Toronto-based CI Financial by Mubadala Capital in an all-cash offer of C$12.1 billion (US$8.66 billion) to privatise the alternatives investor.

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Mubadala Capital's Reputation Soars with Successful Close of Fourth Private Equity Fund

22nd October, 2024

Mubadala Capital, the asset management arm of Abu Dhabi sovereign wealth fund Mubadala, has closed its fourth private equity fund with commitments of US$3.1 billion – over 50% more than its US$2 billion target.

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ADIA Backs US$3bn Investment in Asset Manager, Following an Abu Dhabi Trend

17th June, 2024

The Abu Dhabi Investment Authority (ADIA), the biggest of Abu Dhabi’s three sovereign wealth funds, has agreed to invest alongside Advent to take up a combined 20% stake in Fisher Investments for US$2.5-3.0 billion as it ramps up its private equity and private credit portfolio.

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Canadian and Australian Public Pension Funds Boost Private Credit Markets

22nd May, 2024

State-owned investors are adding to the surge of private credit investment as the US$1.7 trillion global private credit market offers higher, floating rates of return.

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NPS Allocation to External Managers Set to Reach Record US$1bn+ in 2024

2nd May, 2024

South Korea’s goliath National Pension Service (NPS) is making its biggest allocation to external managers with its plans to invest US$1.1 billion with South Korea-based general partners (GPs).

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ADIA and CPP Deepen Real Estate Debt Exposure

21st March, 2024

The hiking of interest rates has impacted on real estate valuations, leading to a shortfall in supply of finance for borrowers with maturing loans. Lenders are looking for more capital to approval debt renewals, creating opportunities for higher margins – and winning the interest of big sovereign investors.

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