In addition to seed capital, the GP stakes firm will also provide support across talent acquisition, capital formation, and operations.
The deal aims to broaden Mubadala's investor base and strategies, with incoming shareholders expected to commit $5 billion across its investments.
The private debt specialist, which operates a dedicated secondaries strategy, has reportedly held talks with several international investors.
The passive minority investment will reportedly strengthen the Swiss private equity firm's balance sheet and support team expansion and alignment with LPs.
The investment in the Brazilian alternative asset manager will be made through a primary capital injection, with no existing partners selling their holdings.
A non-binding term sheet also gives O3 the option to increase its ownership in the Hungarian fund manager if AUM grows significantly.
Under the non-binding agreement, O3 may increase its ownership in the social impact investor if certain fund launch and fundraising milestones are met.
The GP stakes deal builds on a 2024 strategic partnership, which established Lazard Elaia Capital as a technology-focused private equity investment platform.
The deal will expand Bow River's evergreen fund offerings with the establishment of a venture capital strategy.
Based in Ireland, Hatch Blue is a GP specializing in aquaculture and the seafood value chain.
