Abu Dhabi, Uae (OTE) – Abu Dhabi, Uae (ots/PRNewswire)
– With an initial long-term commitment of USD 2 billion from Lunate,
the platform will be domiciled in ADGM
– Partnership marks Lunate’s expansion into hedge funds, broadening
its client offerings across alternatives
– Marks milestone in Brevan Howard’s strategy to secure long term
capital
Lunate, an Abu Dhabi-based global alternative investment manager
with USD 110 billion in assets under management (AUM), and Brevan
Howard, one of the world’s most successful hedge fund managers with
AUM of USD 34 billion, today announced the formation of a strategic
long-term partnership to establish an investment platform to be
domiciled in the Abu Dhabi Global Market (ADGM), subject to
regulatory approval.
The partnership plans to launch with an initial long-term
commitment of USD 2 billion from Lunate and will comprise a unique
suite of newly created funds exclusive to the partnership. These
funds will leverage Brevan Howard’s existing strategies and
investment capabilities, including macro and digital assets.
Additional capital is expected to be raised over time from local and
international investors.
Lunate will also acquire a minority ownership stake in Brevan
Howard, marking its strategic expansion into hedge funds and
diversifying its range of products and investment solutions for
clients in the GCC and across the world.
Brevan Howard has grown strategically over two decades, adding
and enhancing its capabilities in asset classes. Brevan Howard
established a regional headquarter office in ADGM in early 2023,
which is now their largest office by assets managed globally.
Domiciled in ADGM, a growing hub for regional and international
asset management firms, the partnership will support the Emirate’s
ambition to become one of the world’s leading financial centers and
create opportunities for top-tier talent. It will leverage ADGM’s
world-class infrastructure, global connectivity and progressive
regulatory framework to deliver value to clients.
„Our new partnership with Brevan Howard marks our expansion into
hedge funds and reflects our commitment to work with the best
investment firms in the world, offering our clients access to unique
strategies to further diversify their portfolios,“ said Khalifa Al
Suwaidi, Managing Partner at Lunate .
Brevan Howard’s Founder Alan Howard, added: „The long-term
partnership with Lunate reflects our deep and ongoing commitment to
the region and we look forward to building on this foundation over
time.“
About Lunate
Lunate is an Abu Dhabi-based, Partner-led, independent global
alternative investment manager with over 200 employees and US$110
billion of assets under management. Lunate invests across the entire
private markets spectrum, including buyouts, growth equity, early and
late-stage venture capital, private credit, real assets, and public
equities and public credit. Lunate aims to be one of the world’s
leading private markets solutions providers through SMAs and multi-
asset class funds, seeking to generate best-in-class risk-adjusted
returns for its clients. Lunate Capital Limited (regulated by the
ADGM FSRA) is a subsidiary of Lunate Holding RSC Limited.
For any media inquiries, please contact [email protected]
To learn more, please visit www.lunate.com
About Brevan Howard
Brevan Howard is a leading global alternative investment manager,
offering institutional investors access to diversified strategies
rooted in its edge – macro thinking, trade structuring and risk
management. The firm manages about $34 billion in assets for
institutional investors worldwide, including sovereign wealth funds,
corporate and public pension plans, foundations, and endowments.
Brevan Howard has approximately 1,000 team members, representing more
than 40 nationalities, located in offices around the world, including
Abu Dhabi, Austin, Geneva, London, Hong Kong, Jersey, New York, and
Singapore.
Digital press kit: http://www.ots.at/pressemappe/PR180634/aom