The Abu Dhabi Investment Council (ADIC) participated in a $2B fundraising round for U.S. hedge fund ExodusPoint Capital, elevating ExodusPoint’s total assets to $14.5B.
Specific details regarding ADIC’s contribution have not been disclosed citing a report by Bloomberg.
ADIC is managed by Abu Dhabi SWF: Mubadala.
Fundraising Efforts
This marks ExodusPoint’s first fundraising effort since 2023, when it successfully raised approximately $1B.
The multi-strategy hedge fund recorded returns of 18% last year.
In a related financial manoeuvre, Mubadala raised nearly $2B last month through the sale of 22M shares in GlobalFoundries: a semiconductor manufacturer.
ADIC Portfolio
ADIC manages a substantial portfolio valued at $385B, which spans six continents and encompasses diverse investments across various sectors and asset classes.
In FY25, its assets under management experienced a nearly 20% increase.
Mubadala’s Portfolio Abroad
Mubadala’s domestic portfolio includes significant stakes in First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates Global Aluminium, Aldar Properties, and technology firm G42.
Up to 24% Mubadala’s AUM are based in the UAE while North America constitutes 44% of the portfolio, with additional allocations of in Europe (15%) and Asia Pacific region (13%).
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