In a bold move to accelerate its international strategy, Lunate appoints UAE investment minister Mohammed Hassan Alsuwaidi as its new Executive Chairman and Managing Partner.
The Abu Dhabi-based alternative investment firm currently manages $115 billion in assets and intends to more than double its AUM over the next five years. Alsuwaidi’s appointment is designed to fortify Lunate’s global footprint and expand its institutional investor network, the company confirmed in a statement.
As the founding CEO of ADQ, the emirate’s third-largest sovereign wealth fund, Alsuwaidi oversaw assets exceeding $263 billion, spanning sectors including energy, infrastructure, healthcare, and agriculture. His tenure at ADQ has concluded.
“Mohammed’s proven ability to scale businesses, attract global capital, and drive long-term value will be instrumental in Lunate’s next phase,” said Managing Partners Khalifa Al Suwaidi, Murtaza Hussain, and Seif Fikry.
Lunate operates as a subsidiary of Chimera Investment, itself part of a vast business network led by Sheikh Tahnoun bin Zayed Al Nahyan—chairman of ADQ, National Security Adviser of the UAE, and brother to President Sheikh Mohamed bin Zayed. Sheikh Tahnoun also chairs the Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund.
Abu Dhabi remains the UAE’s economic powerhouse, housing the majority of the nation’s oil reserves and overseeing sovereign wealth funds managing over $1.5 trillion in combined assets.
In October, Lunate announced a strategic collaboration with HPS Investment Partners, owned by BlackRock, to launch a new investment platform focused on large-cap corporations across North America and Europe. Lunate has committed at least $1 billion to this initiative.
