Lunate

Lunate is a prominent alternative investment manager headquartered in Abu Dhabi, United Arab Emirates, with a substantial USD115 billion in assets under management. The firm focuses primarily on private markets, offering a broad spectrum of investment strategies including fund investments, direct and co-investments, long-term capital, and special opportunities. Lunate also extends its reach into public markets, managing a range of conventional and thematic Exchange Traded Funds (ETFs), and provides defined benefit solutions and wealth management services to a diverse client base that includes institutions, family offices, and corporates.

Founded in 2023, Lunate commenced operations on New Year's Day 2024, backed by Abu Dhabi sovereign wealth fund ADQ and initially seeded with $50 billion. [cite: 2 from previous search] The firm was established by three Managing Partners: Khalifa Al Suwaidi, Murtaza Hussain, and Seif Fikry, who brought together extensive experience and capital from other investment firms in Abu Dhabi. [cite: 2 from previous search] This strategic launch aimed to position Lunate as a leading global player in alternative investments, leveraging deep relationships and a disciplined investment approach to unlock unparalleled opportunities for its clients.

Lunate's investment portfolio spans various sectors and geographies. Notable investments include stakes in companies like OpenAI and cloud-computing provider CoreWeave, aligning with Abu Dhabi's focus on AI. [cite: 2 from previous search] The firm has also invested in private equity firm CVC and India's National Stock Exchange. In the venture capital space, Lunate has participated in funding rounds for companies such as Oviva (Series D), Brevan Howard (Seed), Salmon Group (Series B), and Salmon (Series A). [cite: 1 from previous search] Lunate has also established key subsidiaries like Alterra, recognized as the world's largest private climate investment vehicle, and Axight, which targets mid-market opportunities in the Asia Pacific region.

The firm boasts a highly experienced team of approximately 200 investment and operating professionals. Key leadership includes His Excellency Mohamed Hassan Alsuwaidi, who serves as Executive Chairman and Managing Partner, bringing a strong background from his tenure as Founding Managing Director and Group CEO of ADQ. [cite: 2 from previous search] The founding Managing Partners, Khalifa Al Suwaidi, Murtaza Hussain, and Seif Fikry, oversee the firm's investment decision-making and growth strategy. [cite: 2 from previous search] Other notable team members include Andre Forsterling (Director and Co-Head of Private Equity Funds), Mazhar Abid (Partner and Head of Finance), Amer Al Ameri (Partner and Head of Venture Capital), Joseph Cha (Senior Partner in fund investments and partnerships), and Mridul Ashok (Partner and Head of Investment Operations), all contributing diverse expertise to Lunate's global investment endeavors.