Currencies34629
Market Cap$ 4.16T+1.99%
24h Spot Volume$ 81.54B+8.49%
DominanceBTC54.21%+0.37%ETH13.37%-1.20%
ETH Gas0.34 Gwei
Cryptorank

Brevan Howard and Lunate Launch $2 Billion Abu Dhabi Investment Platform


by Abdulkarim Abdulwahab
for CoinEdition
Brevan Howard, Lunate Form Long-Term $2B Investment Venture in Abu Dhabi
  • Lunate is committing $2 billion to a new Abu Dhabi-based investment platform with hedge fund Brevan Howard.
  • The partnership includes exclusive funds leveraging Brevan Howard’s macro and digital asset strategies.
  • Lunate will also take a minority stake in Brevan Howard, expanding into hedge funds.

Abu Dhabi-based investment manager Lunate, with $110 billion in assets under management, has partnered with hedge fund giant Brevan Howard, which manages $34 billion, to establish a new investment platform in the Abu Dhabi Global Market (ADGM). 

The launch begins with a $2 billion long-term commitment from Lunate. It will create a suite of exclusive funds that build on Brevan Howard’s expertise in macro and digital assets.

Strategic stake in Brevan Howard

As part of the agreement, Lunate will acquire a minority ownership stake in Brevan Howard, marking its first expansion into hedge funds. The move diversifies Lunate’s offerings for clients across the GCC and globally. At the same time, it strengthens Brevan Howard’s presence in the region.

Brevan Howard established its regional headquarters in ADGM in early 2023, which has since grown into its larges…

The post Brevan Howard and Lunate Launch $2 Billion Abu Dhabi Investment Platform appeared first on Coin Edition.

Read the article at CoinEdition

Read More

As Bitcoin Bounces, On-Chain Data Point to Selling Pressure Near $113.6K

As Bitcoin Bounces, On-Chain Data Point to Selling Pressure Near $113.6K

BTC has recovered from sub-$108,800 alongside new highs in the S&P 500.
US Government to Publish GDP and Economic Data on Blockchain

US Government to Publish GDP and Economic Data on Blockchain

The US Commerce Department is preparing to release key economic statistics, including...

Brevan Howard and Lunate Launch $2 Billion Abu Dhabi Investment Platform


by Abdulkarim Abdulwahab
for CoinEdition
Brevan Howard, Lunate Form Long-Term $2B Investment Venture in Abu Dhabi
  • Lunate is committing $2 billion to a new Abu Dhabi-based investment platform with hedge fund Brevan Howard.
  • The partnership includes exclusive funds leveraging Brevan Howard’s macro and digital asset strategies.
  • Lunate will also take a minority stake in Brevan Howard, expanding into hedge funds.

Abu Dhabi-based investment manager Lunate, with $110 billion in assets under management, has partnered with hedge fund giant Brevan Howard, which manages $34 billion, to establish a new investment platform in the Abu Dhabi Global Market (ADGM). 

The launch begins with a $2 billion long-term commitment from Lunate. It will create a suite of exclusive funds that build on Brevan Howard’s expertise in macro and digital assets.

Strategic stake in Brevan Howard

As part of the agreement, Lunate will acquire a minority ownership stake in Brevan Howard, marking its first expansion into hedge funds. The move diversifies Lunate’s offerings for clients across the GCC and globally. At the same time, it strengthens Brevan Howard’s presence in the region.

Brevan Howard established its regional headquarters in ADGM in early 2023, which has since grown into its larges…

The post Brevan Howard and Lunate Launch $2 Billion Abu Dhabi Investment Platform appeared first on Coin Edition.

Read the article at CoinEdition

Read More

As Bitcoin Bounces, On-Chain Data Point to Selling Pressure Near $113.6K

As Bitcoin Bounces, On-Chain Data Point to Selling Pressure Near $113.6K

BTC has recovered from sub-$108,800 alongside new highs in the S&P 500.
US Government to Publish GDP and Economic Data on Blockchain

US Government to Publish GDP and Economic Data on Blockchain

The US Commerce Department is preparing to release key economic statistics, including...