Foreign Investment

Key Facts

—The fund. Mubadala Capital closed its Brazil Special Opportunities Fund III at about US$900 million, beating a US$750 million target.

—The education bet. Early targets include a medical university, alongside Rio de Janeiro’s metro, a toll road and a gym chain.

—The platform. Since 2022 Mubadala has controlled two Bahia medical schools, UniFTC Salvador and Unesulbahia, plus Imepac in Minas Gerais.