Abu Dhabi – Mubasher: Abu Dhabi's Mubadala Investment Company has boosted its footprint in the US by opening a new office in New York, marking the state fund's second presence in the country, Mubadala’s deputy chairman Waleed al-Muhairi said on Wednesday.
The new office, opened on 1 April, will have ten people and will focus on financial services and private equity, according to the GCC state investor’s spokesperson.
Kevin Kokko, director from Mubadala Capital’s team, will head New York’s office, he added.
In 2017, Mubadala has opened its first branch in the US in San Francisco, handling technology investments.
