POWER SHUFFLE

ADQ chief Mohamed Alsuwaidi steps down to steer Lunate

Lunate, launched in 2023 as an independent alternative investment manager backed by Abu Dhabi capital, manages about $115 billion in assets

ADQ

Mohamed Alsuwaidi. now Lunate's Executive Chairman and Managing Partner

Mohamed Alsuwaidi has stepped down as CEO of Abu Dhabi sovereign wealth fund ADQ to take up a new role at three-year-old Lunate, marking a major leadership change among the emirate’s state-linked investment firms.

Alsuwaidi, who spent seven...