Mubadala to acquire a minority stake in Silver Lake from Dyal Capital for $2bn.

Mubadala Investment, a sovereign wealth fund, agreed to acquire a 5% stake in Silver Lake from Dyal Capital, a division of Neuberger Berman Group, seeks to acquire minority equity interests in institutional alternative asset management businesses, for $2bn. “Mubadala’s support has enabled us to launch an innovative strategy that is unprecedented in its multi-decade time horizon, underscoring our long-term commitment to our portfolio companies and providing tremendous strategic advantages as we seek to generate exceptional results for many years to come. The creative structure of this new strategy provides significant added flexibility for Silver Lake to capitalize on a wide range of investment opportunities, including those outside the mandates of our existing funds. The launch of this new business builds on and expands the backbone of Silver Lake’s expertise throughout the technology eco-system and beyond. It also underscores how aligned our two organizations are in prioritizing partnership, talent development, and social responsibility,” Egon Durban and Greg Mondre, Silver Lake Co-CEOs.