Mubadala is getting bigger and busier: Abu Dhabi sovereign wealth fund Mubadala saw its assets under management climb last year as it ramped up deployment across AI, healthcare, and financial services and private credit. The firm invested some AED 138 bn (USD 39 bn) during the year, up 20%, while proceeds increased 27% to AED 138 bn (USD 38 bn), according to a LinkedIn post.

Assets under management (AUM) climbed 17% y-o-y to AED 1.4 tn (USD 385 bn) in 2025, alongside a pickup in both investment activity and exits,

AI and advanced technology drew significant capital, along with healthcare and biotherapies, industrial and logistics expansion, specifically in Asia, and financial services and media, according to a note by Obeid. Private markets accounted for 42% of the wealth fund’s holdings, while public markets, real estate and infrastructure, and alternatives accounted for between 16-20%. North America accounted for 44% of the portfolio, with the UAE representing 24%.

Returns held above the 10% mark: The fund reported a five-year annualized return of 10.7% and a ten-year figure of 10.3%, in line with its focus on multi-year performance metrics rather than annual net income disclosure.

On the domestic side, Mubadala’s UAE investments platform delivered returns above 20%, fueling AED 45 bn in GDP impact, equivalent to 5.7% of Abu Dhabi’s non-oil economy.

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