After Sunday’s defense production deals, most of yesterday’s contracts were signed with Mubadala Investment Fund, the oil-rich nation’s sovereign wealth fund

After Sunday’s defense production deals, most of yesterday’s contracts were signed with Mubadala Investment Fund, the oil-rich nation’s sovereign wealth fund. With $232 billion in assets under management, Mubadala aims to double in size in this decade to half a trillion dollars, Bloomberg reported last month. “[This] plan will vault it into the top ranks of the world’s sovereign wealth funds,” Bloomberg reported in a story headlined: “Abu Dhabi’s $232 Billion Mubadala Wants to Take Crack at Top 10.” To start, Mubadala last year increased its new investments by 51%, to $11.5 billion in 2020.