Mubadala and AlpInvest, a subsidiary of Carlyle and a global private equity investor, formed a strategic partnership focused on Portfolio Senior Fund Financing.

The collaboration expands Mubadala’s credit strategy into a rapidly growing segment of private debt, meeting increased demand for liquidity and capital solutions within the private equity market.

This partnership marks an evolution in Mubadala’s efforts to diversify its credit investments. By extending into senior loans against the value of fund portfolios, Mubadala gains exposure to a differentiated and scalable asset class that complements its existing direct lending and co-investment activities.

Since 2018, AlpInvest has originated approximately US$4 billion in fund financing transactions and has emerged as a leading player in the sector. Through this partnership, AlpInvest will broaden its capacity to deliver efficient liquidity solutions to private equity managers while enhancing value creation for their investors.

For Mubadala, the collaboration supports its objective to participate in asset classes with long term growth potential. Both firms have committed to responsible lending practices and have endorsed recent industry guidelines established by the Institutional Limited Partners Association.

Mubadala’s Credit Investments unit continues to expand its global footprint through partnerships that deliver access, scale, and value across alternative asset classes and evolving credit segments.