DUBAI (Reuters) -Abu Dhabi alternative investment manager Lunate is acquiring a minority stake in hedge fund Brevan Howard, the two companies said on Tuesday, the latest high-profile investment by Abu
Lunate to Acquire Minority Stake in Brevan Howard Hedge Fund
Lunate's Investment in Brevan Howard
DUBAI (Reuters) -Abu Dhabi alternative investment manager Lunate is acquiring a minority stake in hedge fund Brevan Howard, the two companies said on Tuesday, the latest high-profile investment by Abu Dhabi in a global asset manager.
Details of the Investment
The two firms said they would set up an investment platform based in Abu Dhabi, offering new funds, with an initial commitment of $2 billion by Lunate.
Future Plans for the Investment Platform
They did not provide further details on the size or value of the stake.
(Reporting by Federico Maccioni, editing by Susan Fenton)


