According to
Amac News: The purpose of this cooperation is to provide financing for senior funds at the global level.
This strategic partnership, which builds on Mubadala and Carlyle's long-standing relationship, represents a key development in AlpInvest's portfolio financing strategy that began in 2018.
Since then, AlpInvest has led approximately $4 billion in fund portfolio financing transactions and established itself as one of the pioneers in the sector.
This partnership expands AlpInvest's ability to provide effective support to private investment managers seeking to add value to their funds.
This collaboration has made its first investment so far
Michael Hager, global head of portfolio financing at AlpInvest, said the new partnership with the exchange aligns with AlpInvest's vision to create transformative financing for private equity funds.