private credit

Abu Dhabi’s Lunate weighs buying stake in HPS Investment

The origins of Lunate trace back to two of the UAE’s most active holding companies, IHC and sovereign wealth fund ADQ

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Office towers at Abu Dhabi Global Market (Getty Images)

Lunate, the upstart $105 billion asset manager fueled by Abu Dhabi sovereign wealth, is mulling an investment in the fast-growing private credit market.

The firm, launched in January by Sheikh Tahnoon bin Zayed’s International Holding Co. may buy a...