Mubadala ‘increasing positions in the developing world’, says COO

September 12, 2011

Waleed Al Muhairi, COO of Mubadala, speaks about building a $27 billion state investment vehicle focused on developmental as well as financial returns. He also discusses the Abu Dhabi firm’s strategy to expand investments into new sectors and to increase exposure to emerging markets.

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Since its inception almost 10 years ago Mubadala has grown to manage over AED100 billion ($27 billion) in assets. How did you get to that stage?

Let’s start with what Mubadala is. Mubadala is an investment company wholly owned by the government of Abu Dhabi. This in many ways colours its outlook on the world and therefore its investment thesis and strategy. Essentially what we do is deploy capital, not only for financial gain but also to help advance the diversification efforts of Abu Dhabi’s economy.

We always have a dual mandate. Here within Mubadala we call it the double bottom line. We try to view all of our investments, across the eight sectors we currently focus on, through this lens.

Mubadala ‘increasing positions in the developing world’, says COO

Waleed Al Muhairi, COO of Mubadala, speaks about building a $27 billion state investment vehicle focused on developmental as well as financial returns. He also discusses the Abu Dhabi firm’s strategy to expand investments into new sectors and to increase exposure to emerging markets.

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