Mubadala Investment Company, Emirati State-Owned Holding Company, and Quarter Partners announced the start of their cooperation.
The companies have signed a memorandum of understanding. Under the terms of their agreement, the parties will interact in joint investments, in particular cooperate in the selection, analysis and implementation of mutually beneficial investment projects in Ukraine and abroad. The parties will work closely in office real estate, pharmaceuticals and warehouse logistics.
“Signing a memorandum with the Mubadala government investment fund is a step towards strategic cooperation for the purpose of global scale projects. We are looking forward to an effective cooperation, – Dmytro Martynenko, Managing Partner of Quarter Partners, comments.
Quarter Partners is a company investing into businesses with a high growth potential to be developed and subsequently sold to strategic investors. It was founded by a Ukrainian investor Andrii Ivanov. Investment portfolio of Quarter Partners includes three managed projects: QPdigital venture fund, UDP development company, I. Sikorskyi Kyiv International Airport. Company’s investments further include UDP Renewables business in renewable energy, Biopharma pharmaceutical company, RTM-Ukraine outdoor advertising operator, and several venture projects in Ukraine and abroad.
The total investments into existing projects is $520 mio.
Mubadala Investment Company is the Emirati State-Owned Holding Company established in January 2017, merging Mubadala Development Company and International Petroleum Investment Company, and is wholly owned by the government of Abu Dhabi in the United Arab Emirates. Mubadala’s mandate is to facilitate the diversification of Abu Dhabi’s economy. Its focus is on managing long-term investments intended to deliver strong financial returns and tangible social benefits for the emirate.