- Lunate forms partnership with Brevan Howard for digital asset focus.
- Initial $2 billion investment into new fund platform in Abu Dhabi.
- Aimed to attract local and global investors into digital assets.
Lunate, based in Abu Dhabi, partners with hedge fund manager Brevan Howard to establish a $2 billion digital asset platform in Abu Dhabi Global Market.
This collaboration boosts Abu Dhabi’s asset management presence and enhances investment diversification, indicating potential increased inflows into digital assets like BTC and ETH.
Lunate has partnered with Brevan Howard to establish a digital asset fund platform. Based in Abu Dhabi Global Market, the initiative launches with an initial $2 billion investment. This move highlights Lunate’s strategy in digital and macro assets.
The collaboration involves top players like Khalifa Al Suwaidi of Lunate and Brevan Howard’s respected leader, Alan Howard. Lunate will also acquire a minority stake in Brevan Howard to bring strategic capital.
This partnership 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. — Khalifa Al Suwaidi, Managing Partner, Lunate.
This partnership is anticipated to enhance Abu Dhabi’s influence in the global asset management sphere. It underscores the region’s growing commitment to financial innovation, especially in digital assets.
The fund’s structure invites local and international institutional investors, possibly boosting capital inflows into Abu Dhabi’s financial sector. It also broadens access to macro and digital strategies currently in practice by Brevan Howard.
Absent precise portfolio allocations, historical trends suggest considerable exposure to BTC and ETH. However, no current changes in on-chain data or fund-specific allocations have been confirmed.
Market observers anticipate that this move might encourage financial innovations and intensify regulatory attention in Abu Dhabi. The initiative seeks regulatory approval from ADGM, renowned for its supportive stance on digital assets.
