Mubadala Pours $500M Into The Carlyle Group

Abu Dhabi investment fund Mubadala is pouring $500 million into buyout shop the Carlyle Group, increasing its stake to help expand product offerings to investors, Reuters reported. Mubadala took a 7.5% stake in Carlyle in 2007. In return for the newest investment, Mubadala will get a combination of equity and convertible subordinated notes, Reuters said.

ManagersNorth AmericaUSBriefs