Abu Dhabi’s Mubadala Capital is partnering with Aldar, the emirate’s largest developer, to launch Aldar Capital, a real estate investment platform that will target opportunities across the UAE and GCC.
Aldar Capital aims to raise $1 billion for its first fund to be launched next year. It will target global institutional investors, including sovereign wealth funds, pension funds, fund of funds, insurance companies and family offices.
For institutional investors seeking real assets for diversification and long-term returns, access to institutional-grade opportunities in the UAE and GCC has been limited, Hani Barhoush, CEO of Mubadala Capital, said.
“Aldar Capital will bridge this gap with a transparent, globally compliant platform backed by deep regional.