Under the MOU, both organisations will tap into their strengths and resources to identify and pursue co-investment opportunities and other opportunities globally that align with their long-term respective goals including in Singapore and the UAE.
Mubadala Capital, the wholly-owned alternative asset management subsidiary of Abu Dhabi-headquartered Mubadala Investment Company and Temasek-owned asset management group, Seviora Holdings, have signed a memorandum of understanding (MOU) to establish a strategic partnership between both organisations.
The partnership will create a platform for both parties to “explore mutually beneficial opportunities,” reads the joint release issued on Oct 29.
