Deals

Abu Dhabi Wealth Fund With $232 Billion Seeks U.S. Deals

Abu Dhabi’s Mubadala says it’s looking to use rising cash pile
Sovereign wealth fund’s income more than quadrupled in 2019

Times Square As U.S. Stocks Rise After Jobs Data — Photographer: Michael Nagle/Bloomberg

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By Mahmoud Habboush and Manus Cranny

June 11, 2020 at 7:00 AM UTC

Updated on

June 11, 2020 at 11:56 AM UTC

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One of the world’s biggest sovereign wealth funds said it’s ready to use its growing cash pile to buy more stocks and make other equity investments, possibly in the U.S.