Mubadala invests in US-owned container leasing venture

Abu Dhabi’s Mubadala Investment Company and New York-based investment company Stonepeak will co-invest $300 million to build the world’s largest container leasing platform.

Stonepeak purchased Bermuda-based container leasing company Textainer in 2024, and Textainer in turn acquired rival Seaco, which has operational offices in Singapore, the US, Germany and Australia, a year later.  

The combined platform will benefit from greater scale, a broader depot network and a more diversified fleet, strengthening its position in an attractive market.

The entity will be able to lease a fleet equal to around eight million cost equivalent units – a measure used to calculate transport costs and capacity – and serve international trade routes, particularly across Asia, the sovereign fund said in a statement.

Container leasing is a core component of global logistics infrastructure, with about 75 percent of global trade transported via maritime routes.

Hammad Rahman, head of Asia Pacific, infrastructure, Mubadala, said the company is focusing on building partnerships with top operators to invest in infrastructure platforms that are fundamental to global economic activity.  

Mubadala’s infrastructure portfolio includes transportation, logistics and digital infrastructure, including a stake in Transportation Equipment Network, one of North America’s largest trailer leasing platforms.

Last month, Mubadala said its assets under management rose by nearly one-fifth to $385 billion in 2025.

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North America accounts for 44 percent of its assets, while other notable regions include Europe (15 percent) and Asia Pacific (13 percent). The company is invested in more than 50 countries, according to its website.

Last December, Mubadala gave a rare look into how it plans to allocate capital globally, outlining an infrastructure strategy that prioritises expansion in the US and Asia while becoming more selective in Europe.

Saed Arar, Mubadala’s executive director and head of infrastructure, said at Abu Dhabi Finance Week that its infrastructure playbook focuses on six priority sectors: the energy transition, digital infrastructure, transport, power, utilities, and a growing category of industrial assets with “infrastructure-like characteristics”.