Abu Dhabi’s Mubadala Capital closes Brazil-focused fund at $900mln
Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, has closed its third and largest Brazil‑focused vehicle, Brazil Special Opportunities Fund III, at about $900 million
The portfolio acquisition comprises a multifamily community in New Jersey, and two senior housing properties in Orange County, California and Long Island, New York.
The agreement covers the construction and operation of a 360-kilometre railway linking the mining areas of Al-Shidiya and Ghor Al-Safi in Jordan to its Aqaba port.
