Tracker: Apollo takes the Mubadala Capital seat TWG never filled
The Football Capital Tracker · Event date: 26 October 2026 · Event type: Manager stake / M&A · Last updated: 28 October 2026
What happened
Apollo Global Management agreed to take a minority equity stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi’s sovereign investor Mubadala Investment Company, and to commit capital across its strategies. Apollo and other, unnamed strategic investors are expected to commit $5bn in aggregate at initial close. Price and stake size were not disclosed; CNBC reported nearly 10%. Completion is expected in Q4 2026 (Apollo IR).
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The skinny
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