The deal
Steven Mnuchin raises $2.5 bn for his private equity fund. Steven Mnuchin is the former U.S Treasury secretary during President Donald J. Trump’s tenure. SoftBank and Abu Dhabi-based wealth fund Mubadala will back Mnuchin's fund, Liberty Strategic Capital.
History of backers
Mubadala is a sovereign investor that manages a diverse portfolio of assets and investments across primarily the United Arab Emirates. The wealth fund manages $243bn worth of business permeated across six continents.
SoftBank Group is a multinational Japanese holding company that focuses on investment management. The Group predominantly invests in technology, energy, and financial services sectors.
Office Location
Liberty Strategic Capital started earlier this year. Throughout summer, Mnuch...
