The group also includes other high-profile investors such as Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba and Dubai Holding
Dubai, Apr 17, 2025: Abu Dhabi sovereign wealth fund Mubadala Investment Company announced on Thursday it would acquire a minority stake in UK-based private school operator Nord Anglia Education for $600 million, joining a consortium led by private equity giant EQT EQTAB.ST.
Other investors in the group include Neuberger Berman, Canada Pension Plan Investment Board, Corporacion Financiera Alba and Dubai Holding, Mubadala said in a statement.
Mubadala, which manages more than $300 billion in assets, has in recent years deployed capital into sectors such as healthcare, technology and education as part of a strategy to invest in resilient, non-cyclical sectors.
EQT formed the consortium to take ownership of the international schools operator in October last year in a deal valued at $14.5 billion, including debt.
Nord Anglia operates in 33 countries, including the United Arab Emirates. The company was floated in a $304 million New York IPO in 2014 before being taken private three years later in a deal that valued it at $4.3 billion.
Baring Asia Private Equity, now integrated into EQT, bought Nord Anglia for $360 million in 2008.