Abu Dhabi-based alternative investment manager Lunate is collaborating with Brookfield Asset Management, a firm listed on the New York Stock Exchange, to establish a joint venture worth $1 billion. This new partnership aims to develop build-to-sell residential properties throughout the Middle East. The joint venture signifies a strategic move in the real estate sector, emphasizing...
Abu Dhabi-based Lunate has announced it is taking a stake in Azura Partners, a rapidly growing wealth management firm founded by former Julius Baer Group Ltd. executive Ali Jamal. This collaboration will enable Azura to increase its hiring and expand its product offerings in an effort to boost its assets under management, which currently total...
Abu Dhabi’s Lunate, an asset management firm with $105 billion in assets, has launched a new venture named Axight that will focus on private equity deals in the Asia-Pacific region. This initiative aims to increase Lunate’s exposure to faster-growing markets, as revealed by sources familiar with the matter who requested anonymity due to the confidential...