Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.
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The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.
Cybersecurity is a substantial part of Microsoft’s business — and a growing one.
Ignore the high-profile exodus of users to BlueSky and Meta’s Threads. Elon Musk’s X, née Twitter, might be doing just fine.
This weekend will mark the final shows of the pop star’s globetrotting Eras tour, which has lasted a marathon 21 months.