Silver Lake, a global technology investment firm, and Mubadala Investment Company, one of the world’s largest global investors, are establishing a long-term investment strategy.
The partnership will be led by Silver Lake and supported by a $2 billion investment from Mubadala.
The new strategy has a unique 25-year deployment lifecycle and is designed to invest flexibly across investment structures, geographies and industries, as well as throughout capital structures and across the spectrum of early to later stage opportunities, consistent with Silver Lake’s defined mission to build and grow companies for the benefit of all stakeholders.
In addition to forming the new strategy, Mubadala has also acquired a minority equity interest in Silver Lake. The two firms have already worked collaboratively across investments such as Endeavor, Waymo (Alphabet’s driverless technology company) and India-based Jio Platforms.
Mubadala began investing in global technology in 2007, through a significant stake in AMD and later through the creation of GLOBALFOUNDRIES, the world’s second-largest semiconductor manufacturing company. Through partnerships, it recently invested in medtech company PCI Pharma Services, as well as in ridesharing, e-commerce and the establishment of venture capital platforms in Silicon Valley, Europe and Abu Dhabi.
Mubadala has acquired the minority equity interest in Silver Lake from Dyal Capital Partners through a secondary transaction. Dyal, a unit of Neuberger Berman, acquired a passive, non-voting equity interest of less than 10% in Silver Lake in 2016 and will retain roughly half of its original investment.
The terms of the Mubadala equity investment transaction are private and have not been publicly disclosed.