Abu Dhabi's Mubadala Investment Company has surpassed Saudi Arabia's Public Investment Fund in terms of deal value, with a total of US$29 billion worth of transactions in 2024. This achievement is attributed to the company's strategic investments in various sectors such as technology and renewable energy. In contrast, Blackstone Group LP sees significant potential for investors in Asia, particularly in private markets. The dollar has maintained its strength in 2024 due to a cautious Federal Reserve and the Trump administration's trade policies. Chery Automobile Co Ltd has partnered with JPMorgan Chase & Co for a US$1 billion listing on the Hong Kong stock exchange.
https://www.businesstimes.com.sg/companies-markets/banking-finance/abu-dhabis-mubadala-eclipses-saudi-pif-us29-billion-deals