US EditionLunate to Set up $2bn Joint Investment Platform with Brevan Howard at ADGM
Lunate, managing $110 billion, acquires minority stake in Brevan Howard, committing $2 billion to a new platform focused on macro strategies and digital assets, enhancing Abu Dhabi's asset management sector.
- Yesterday, Lunate announced it will acquire a minority stake in Brevan Howard, committing $2 billion to launch a joint investment platform domiciled in Abu Dhabi Global Market.
- As part of its expansion into alternatives, Lunate aims to broaden client offerings by entering hedge funds, while Brevan Howard gains stable capital and deepens its Middle East presence.
- Leveraging both firms' scale, the initiative will launch exclusive funds focused on macro strategies and digital assets, with Lunate managing $110 billion and Brevan Howard $34 billion.
- The deal is expected to draw more capital over time from local and international investors, and Brevan Howard's digital asset strategies are set to expand under the joint platform.
- Amid market volatility, the deal reflects a Gulf trend of investors taking stakes in managers and awaits approval from regulators .
12 Articles
12 Articles
Abu Dhabi asset manager Lunate nabs hedge fund stake
The NewsAbu Dhabi-backed alternative investment manager Lunate acquired a minority stake in hedge fund Brevan Howard as the UAE firm deepens ties with investors building a track record in the country and pushes further into digital assets.Lunate also committed $2 billion for a new investment platform run out of Abu Dhabi’s financial center ADGM, where Brevan Howard has its regional headquarters. Lunate is largely courting Gulf pension funds, ins…
Abu Dhabi's Lunate to take a minority stake in global hedge fund manager Brevan Howard
The partnership plans to launch with an initial long-term commitment of $2 billion from Lunate and will comprise a unique suite of newly created funds exclusive to the partnership.
Abu Dhabi’s Lunate to Take Stake in Brevan, Commits $2 Billion
Brevan Howard Asset Management is set to hand a minority stake to Abu Dhabi’s Lunate in a milestone agreement for the macro-trading firm that turned the emirate into its biggest risk center in just a year after setting up a local office.
Big Money Meets Crypto: Lunate Commits $2B in Abu Dhabi Partnership
The two firms are joining forces to build a new investment platform in Abu Dhabi Global Market (ADGM), pending regulatory approval, with a focus on hedge funds, macro strategies, and digital assets. Lunate, which manages $110 billion, has pledged $2 billion to kickstart exclusive funds under the venture. Brevan Howard, overseeing $34 billion globally, will provide its proven expertise in both macro trading and crypto markets. More investors, bot…
Brevan Howard sells minority stake to Abu Dhabi’s Lunate in $2bn strategic partnership
Brevan Howard Asset Management has agreed to sell a minority stake to Abu Dhabi-based Lunate, alongside a $2bn capital commitment to a new investment platform in the emirate’s ADGM free-zone, according to a report by Bloomberg. The deal underscores both the macro-trading giant’s deepening presence in the Gulf and Abu Dhabi’s growing role as a global hedge fund hub. The transaction is a rare example of a hedge fund selling equity to an external p…
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