Brevan Howard and Lunate Launch $2B Abu Dhabi Crypto Investment Platform
Abu Dhabi's Lunate Capital and hedge fund giant Brevan Howard are forging a strategic partnership to establish a digital asset investment platform in ADGM. The venture launches with $2 billion in committed capital from Lunate, targeting exposure to Brevan Howard's proven macro strategies and crypto capabilities.
The deal represents a watershed for Middle Eastern institutional adoption, with Lunate acquiring a minority stake in Brevan Howard. This marks the $110 billion alt-investment manager's first major hedge fund play, expanding its alternatives menu for GCC clients.
Brevan Howard's $34 billion AUM brings institutional-grade crypto infrastructure to Abu Dhabi's burgeoning digital asset hub. The platform plans additional fundraising from global investors, signaling growing Middle Eastern appetite for regulated crypto exposure.