Home UAE Abu Dhabi Abu Dhabi’s Mubadala, Goldman Sachs in $1bn Asia deal The two companies will jointly invest in multiple Asia Pacific markets with a particular focus on India, as part of the agreement. by Reuters February 26, 2024 Goldman Sachs and Abu Dhabi’s sovereign wealth fund Mubadala have struck a $1bn deal, signing a seperately managed account in which the companies will co-invest in private credit in the Asia Pacific, the companies said on Monday. The companies will jointly invest in multiple Asia Pacific markets with a particular focus on India, as part of the agreement. “The diverse and rapidly growing economies, as well as the increasing private-equity deal volumes, are significantly driving demand in Asia Pacific for customised credit solutions from non-traditional lenders,” Omar Eraiqat, deputy CEO, Diversified Investments at Mubadala, said in a statement. Mubadala is seeking to roughly double its exposure to Asia by as soon as 2030, according to a media report last month, citing an interview with Camilla Macapili Languille, head of the fund’s life sciences and healthcare investments division.