Announced
Synopsis
Mubadala Capital, an alternative asset management subsidiary of Mubadala Investment Company, agreed to acquire a 42% stake in Silver Rock, a credit-focused asset management firm. Financial terms were not disclosed. "This partnership with Mubadala Capital marks a significant milestone for Silver Rock Financial. Mubadala Capital has been a valuable business partner of Silver Rock Financial for years. This transaction deepens the relationship and allows us to tap into Mubadala Capital's global reach, capabilities, and geographic and industry expertise. We believe this partnership with Mubadala Capital's exceptional management team will grant us access to new opportunities as we deliver even greater value to our clients," Carl Meyer, Silver Rock Financial CEO and CIO.
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