Lunate and Brevan Howard have announced a strategic partnership to create a new investment platform in Abu Dhabi, focusing on hedge funds, macro strategies, and digital assets.
Partnership Between Lunate and Brevan Howard
The companies Lunate and Brevan Howard announced a joint investment platform launch in Abu Dhabi, pending regulatory approval. Lunate, managing $110 billion in assets, will allocate $2 billion to kickstart exclusive funds within this venture.
Hedge Fund Expansion and Digital Ambitions
For Lunate, this marks its first significant foray into hedge funds, adding a new element to its investment offerings for clients in the Gulf and beyond. Brevan Howard, meanwhile, deepens its presence in Abu Dhabi, where its largest global office is located.
Brevan Howard's Strengthening Presence in the UAE
Brevan Howard has been building one of the most significant crypto operations in the UAE for several years. About $2 billion of its strategies are dedicated to digital asset trading, predominantly executed from its Abu Dhabi office. Executives attribute the region's clear yet flexible regulations for making this jurisdiction attractive.
By uniting Lunate’s capital with Brevan Howard’s trading expertise, the UAE aims to position itself as a leading hub for hedge funds and digital assets, highlighting its role as a bridge between traditional finance and blockchain-driven innovations.