Khalifa al-Suwaidi

Spear’s Review

Khalifa al-Suwaidi, former CEO of the Abu Dhabi Growth Fund and former group chief investment officer at Abu Dhabi sovereign wealth fund ADQ, co-founded Lunate in 2023. With assets of more than $110 billion, the alternatives firm has been quietly accruing major tie-ups with the world’s largest blue-chip financial firms – growing in influence all the time.

The business has struck deals with Jared Kushner’s Affinity Partners (investing a combined total of $1.5 billion alongside QIA), Brevan Howard (investing $2 billion and taking a minority stake) and Blackstone (with the two firms eyeing $5 billion of logistics opportunities across the Gulf Cooperation Council).

Lunate has also taken an undisclosed strategic stake in $5 billion AuM wealth management firm Azura Partners, which will see Azura move its headquarters from Monaco to Abu Dhabi.

Earlier in his career al-Suwaidi held roles at Mubadala and Abu Dhabi National Chemical Company. He has a bachelor’s degree in business administration from California State University and a master’s from Zayed University.

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