TLDR:
- Abu Dhabi’s Mubadala Investment Company will be an anchor investor in Blue Opal Capital’s second venture capital fund.
- Blue Opal Capital recently launched a Fund-of-Fund platform focused on identifying and investing in exceptional entrepreneurial venture capitalists in the US.
The UAE sovereign investor, Mubadala, will anchor the second venture capital fund of the US-based Blue Opal Capital. This venture capital firm has launched a Fund-of-Fund platform to identify and invest in exceptional entrepreneurial venture capitalists, with an emphasis on opportunities within the US. Mubadala sees this partnership as an opportunity to identify emerging managers that have matured into top quartile VC firms. With a $276 billion portfolio, Mubadala has interests in multiple sectors and asset classes. Recently, Mubadala made a deal with Goldman Sachs to invest in private credit deals in Asia, focusing on India. This partnership with Goldman Sachs Alternatives aims to invest across the private credit spectrum and multiple Asia Pacific markets.
