This firm just raised one of the largest AI funds at $49 billion, topping its target
Wednesday, July 1, 2026 · first reported by Pensions & Investments
MGX closed MGX Fund 1 at $49B in commitments, $4B above $45B target, focused on AI investments.
- Firm
- MGX
- Fund
- MGX Fund 1
- Size
- $49B
- Stage
- Final close
- Asset class
- Private equity
- Geography
- Middle East
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
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