Akin Advised Mubadala Capital On The Launch And Final Closing Of Its Latest Private Equity Fund
Akin successfully advised Mubadala Capital on the launch and final closing of its fourth private equity fund, MIC Capital Partners IV, which raised $3.1 billion, surpassing its $2 billion target.
Akin Advised Mubadala Capital on the Launch and Final Closing of Its Latest Private Equity Fund
Akin advised Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, on the successful launch and final closing of its fourth private equity fund, MIC Capital Partners IV ("Fund IV"). Fund IV secured $3.1 billion in committed capital, significantly exceeding its initial $2 billion target. The fund attracted commitments from both new and existing Limited Partners, including prominent U.S. pension funds, university endowments, insurance plans, sovereign wealth funds, asset managers, and family offices from North America, Europe, the Middle East, and Asia.
The Akin team guiding this milestone transaction was led by Investment Management Partners Kapil Pandit and Fadi Samman. Supporting them were Investment Management Partners Barbara Niederkofler, Bob Griffin, and Amanda Butler-Jones; Tax Partner Olivier De Moor; Counsel Sara Ainsworth and Tuvia Tendler; and Associates Morgan Hensley, John Molm, Timothy Higgins, and Eva Luong.
Mubadala Capital, a wholly owned subsidiary of Mubadala Investment Company, has reinforced its position as a global leader in alternative asset management with this latest fund close.