Mubadala Capital, an asset management arm of Mubadala Investment Company, has partnered with SailGP to acquire the first-ever South American team in the sailing championship. This strategic investment brings the Brazil team into the tournament, marking a significant milestone for both the league and regional sports development in the UAE. Additionally, Mubadala’s involvement underscores their commitment to sustainability and responsible investing, as seen through various collaborative initiatives between the two organizations. The new team will participate in the upcoming SailGP events, with aims to inspire local Emirati sailing talent and establish a sustainable and innovative future for the sport.

Sports and Entertainment, Investment Management, Aerospace and Manufacturing,United Arab Emirates, Brazil, Global

https://www.zawya.com/en/wealth/alternative-investments/mubadala-capital-sailgp-announce-acquisition-of-leagues-first-ever-south-american-team-d7b58gwb