Home UAE Abu Dhabi Mubadala Capital, Temasek’s Seviora Holdings to explore investment opps Singapore-based Seviora Holdings oversees assets worth $51.3bn as of June 30, offering a variety of investment strategies in public and private markets by Neesha Salian November 1, 2024 Image: Getty Images/ For illustrative purposes Mubadala Capital, the alternative asset management subsidiary of Mubadala Investment Company, has entered into a memorandum of understanding (MOU) with Seviora Holdings, a Singapore-based asset management firm wholly owned by Temasek. Mubadala Capital manages over $23bn in assets across diverse private market strategies, including private equity, special situations, and venture capital. Seviora Holdings, on the other hand, oversees assets worth approximately $51.3bn as of June 30, offering a variety of investment strategies in public and private markets Mubadala capital-Seviora Holdins collab to open up opportunities The partnership marks a key step in strengthening ties between Mubadala Capital and Seviora Holdings, providing a framework for exploring co-investment opportunities and other strategic initiatives globally, particularly in Singapore and the UAE. A joint working committee will be formed, comprising representatives from both firms, to facilitate the exchange of knowledge and best practices while pursuing shared investment goals. Hani Barhoush, CEO and MD of Mubadala Capital, said: “We are excited to partner with a like-minded institution such as Seviora Holdings and to explore new avenues for growth together. Our approach is built on long-term partnerships, and we believe this collaboration will unlock significant opportunities as we continue to pursue global investment initiatives.” Jimmy Phoon, CEO of Seviora Holdings, echoed this sentiment, highlighting the strategic significance of the partnership. Phoon said: “This partnership represents a strategically significant alignment between both firms, reflecting our shared ambition to pursue sustainable growth and create long-term value for our stakeholders. “We are thrilled to partner with Mubadala Capital, as we expand our footprint into the Middle East and other regions. Harnessing our combined expertise and global investment networks, this MOU will enable us to jointly identify and leverage compelling investment opportunities globally.”
