Abu Dhabi's Lunate has announced a $2 billion investment in hedge fund Brevan Howard, aimed at creating a new investment platform focused on both traditional and digital assets.
Abu Dhabi's Strategic Investment
Lunate is acquiring a minority stake in hedge fund Brevan Howard. This $2 billion investment is designed to establish a new platform in Abu Dhabi, emphasizing traditional and digital asset strategies.
Expansion in Abu Dhabi
The partnership between Lunate and Brevan Howard will enhance their outreach in macro and digital investment strategies. This marks a significant expansion for Brevan Howard within the Abu Dhabi Global Market (ADGM), aiming to integrate traditional and digital asset management.
Increased Institutional Presence
Immediate results include a boost in institutional presence in Abu Dhabi. The Brevan Howard ADGM office has become its largest in asset management, reflecting a growing interest from major GCC and sovereign investors.
Lunate's investment in Brevan Howard is a clear indicator of the increasing interest in macro and digital strategies in the Middle East, reinforcing Abu Dhabi's status as a regulated hub attracting international capital.
