TLDR:
- Mubadala Investment Company is partnering with Blue Opal Capital to be an anchor investor in their second venture capital fund.
- Blue Opal Capital focuses on investing in emerging venture capital funds and co-investment opportunities in the US.
Mubadala Investment Company, a global sovereign investor based in Abu Dhabi, has announced a strategic partnership with US-based venture capital firm Blue Opal Capital. The partnership involves Mubadala becoming an anchor investor in Blue Opal Capital’s second venture capital fund. The fund, recently launched by Blue Opal Capital, is a Fund-of-Fund platform that aims to identify and invest in exceptional entrepreneurial venture capitalists, with a focus on opportunities within the United States.
Faris al Mazrui, Head of Growth Investments at Mubadala, expressed excitement about backing the Blue Opal Capital team, led by Ahmed Al Mosa, Sebastien de Jong, and Federico Jost. The partnership is seen as an opportunity for Mubadala to continue its commitment to the venture capital space, with confidence in Blue Opal Capital’s ability to support the next generation of VC managers in the US.
Blue Opal Capital, known for its investments in emerging venture capital funds and co-investment opportunities, aims to maximize investment returns for partners. The firm has a strong network in the venture ecosystem and a track record of identifying successful venture capital managers.
The partnership with Mubadala is rooted in a shared commitment to innovation and the growth of strategic sectors. Ahmed Al Mosa, Partner at Blue Opal Capital, highlighted the team’s experience in the VC ecosystem, emphasizing their dedication to driving value and innovation.
Blue Opal Capital, headquartered in New York with offices in Miami and Abu Dhabi, focuses on investing in high-performing, emerging venture capital funds and co-investment opportunities.
Overall, the partnership between Mubadala and Blue Opal Capital signifies a significant move in the venture capital space, with both parties aiming to support and nurture promising VC managers in the US market.
