Abu Dhabi investment firm Lunate has pledged $1 billion to launch a new investment platform in partnership with BlackRock’s HPS Investment Partners. The platform will facilitate cross-border investments and partnerships across a range of sectors, including technology, healthcare and energy, with an emphasis on US and European companies. The two companies will also work to facilitate access to the platform for MENA-based investors.
Why This Matters
Lunate’s $1 billion commitment creates new channels for US companies seeking capital and partnership in the Middle East. The platform encourages joint ventures, technology transfer and market expansion for American firms into the $8 trillion Middle East, Africa and South Asia (MEASA) economy.