Lunate and Brevan Howard Launch $2B Digital Asset Funds in UAE

Abu Dhabi-based Lunate has committed $2 billion to establish new funds focused on macro and digital assets through a partnership with Brevan Howard. The funds will leverage Brevan Howard's existing strategies, with additional capital expected from global investors.

Alan Howard, Brevan Howard's founder, emphasized the long-term commitment to the region, while Lunate's Khalifa Al Suwaidi highlighted the expansion into hedge funds as part of client portfolio diversification. Lunate also acquired a minority stake in Brevan Howard, signaling deeper integration.

Brevan Howard's Abu Dhabi Global Market office, its largest by assets globally, has been actively involved in crypto trading since its 2023 establishment. The move underscores institutional confidence in digital assets amid growing regional adoption.