Mubadala Capital Acquires 42% Stake in Silver Rock Financial LP

Mubadala Invests $2B in Silver Lake and Acquires Minority Stake

September 30, 2020

Financial Services

Mubadala Investment Company committed $2 billion to a new long-term investment strategy led by Silver Lake and acquired a minority equity interest in Silver Lake through a secondary transaction with Dyal Capital Partners. The multi-decade strategy will invest across structures, geographies and industries; terms of the equity purchase were not disclosed and Dyal will retain roughly half of its original investment.

Fortress Management and Mubadala Capital Acquire Fortress Investment Group from SoftBank

May 19, 2024

Financial Services

Fortress management and a consortium led by Mubadala Capital have completed the acquisition of SoftBank Group's 90.01% stake in Fortress Investment Group. Under the transaction, Fortress management holds a 32% equity interest (with board control rights) and the Mubadala-led consortium owns 68%; terms were not disclosed and Fortress will continue to operate independently.

Turning Rock Partners Provides $30M Expansion Capital to SilverLeaf Wealth Management

March 19, 2025

Financial Services

Turning Rock Partners, a New York-based private investment firm, has provided $30 million in secured expansion financing to SilverLeaf Wealth Management, an independent wealth advisory firm headquartered in Omaha, Nebraska. The capital will support SilverLeaf's growth plan — including its acquisition strategy — and help the firm expand services to a broader client base.

Mubadala Capital Acquires CI Financial in C$12.1B Take-Private

August 13, 2025

Financial Services

Mubadala Capital, through its investment vehicle MC Accelerate Co‑Invest LP, completed a take‑private acquisition of CI Financial Corp. for C$32.00 per share, in a transaction implying an enterprise value of approximately C$12.1 billion. CI will remain headquartered in Toronto and operate under its existing management and brands while gaining access to Mubadala Capital's global network and capital to accelerate its private wealth and U.S. expansion.

Spouting Rock Asset Management Acquires Majority Stake in Old Hill Partners

January 7, 2022

Financial Services

Spouting Rock Asset Management announced an agreement to merge with Old Hill Partners and has formed a new subsidiary, Spouting Rock Alternative Credit, LLC (SR Alternative Credit), to house Old Hill's asset-based lending business. Former Old Hill employees Jeff Haas and Peter Faigl will operate the new subsidiary as it targets asset-based lending opportunities for borrowers seeking $10–50 million in financing and aims to expand Spouting Rock’s private credit capabilities.

BlackRock Acquires SpiderRock Advisors

May 1, 2024

Financial Services

BlackRock has completed the acquisition of SpiderRock Advisors, a Chicago-based asset manager specializing in option overlay strategies for separately managed accounts (SMAs). SpiderRock — which manages roughly $4.8 billion in AUM — will be integrated into BlackRock’s U.S. Wealth Advisory business to expand SMA customization and option-overlay capabilities for financial advisors and clients.