The CEO says Mubadala would concentrate on projects in Asia.

Khaldoon Al Mubarak, the CEO and managing director of the Abu Dhabi wealth fund Mubadala Investment Company, has stated that the company will concentrate on investments in Asia.At the Milken Institute Middle East and Africa summit, Al Mubarak stated, "Asia in general, we are under-invested," according to Reuters."You need to have a very strong perspective on India and the South-East because that's where growth is and where the population is increasing," he stated.Mubadala has made $4 billion in investments in India, including in the telecom and retail companies of billionaire Mukesh Ambani and the renewable energy division of Tata Power. To further solidify the expanding business ties between the UAE and China, the Emirati wealth fund formally opened an office in Beijing in September.

According to Al Mubarak, Mubadala has about $20 billion in exposure to the US asset class and is concentrating on private lending and artificial intelligence (AI). According to him, the fund manages $330 billion in assets. This month, Mubadala Capital, the company's alternative asset management division, committed more than $1 billion in funding over time to purchase a 42% share in US credit asset manager Silver Rock Financial.