Abu Dhabi’s Lunate and BlackRock’s HPS Launch $1 Billion Investment Platform
October 30, 2025 – Abu Dhabi-based investment firm Lunate will commit $1 billion to a new investment platform launched in partnership with BlackRock-owned HPS Investment Partners, aimed at investing in large corporates across North America and Europe. The announcement marks a major collaboration in the global private markets space, leveraging both firms’ expertise in structured equity and debt investments.
The new platform, named the HPS Strategic Solutions Partners Platform, will primarily focus on privately negotiated preferred and common stock investments, along with related debt instruments in large-cap companies.
Expanding Private Capital Access for Middle East Investors
Lunate and HPS plan to provide Middle East-based investors access to the platform, allowing regional capital to participate in large-scale corporate investment opportunities abroad. This move aligns with growing global demand for private capital solutions, as large companies seek flexible and customized financing options.
“Market dynamics continue to create attractive opportunities for scaled, tailored capital solutions, as both sponsor- and non-sponsor-owned companies seek alternative funding sources,” said Scot French, founding partner and co-president of HPS.
HPS and Lunate: Strong Asset Management Footprints
HPS manages approximately $165 billion in assets, as of June 2025, with a focus on credit, equity, and private investments. Lunate, meanwhile, manages $110 billion in assets, specializing in private markets and alternative investment strategies.
Abu Dhabi itself is home to three major wealth funds that collectively oversee about $1.5 trillion in assets, reinforcing the city’s growing status as a global hub for alternative investments.
Strategic Investments and Regional Expansion
Lunate has been actively pursuing collaborations in the Gulf and global markets. Earlier this month, the firm partnered with Blackstone to establish a $5 billion logistics investment platform in the Gulf region, highlighting its focus on infrastructure and private market growth.
By teaming up with HPS, Lunate aims to strengthen its international investment portfolio, providing large-scale, structured financing solutions to top-tier corporations in Europe and North America.
Looking Ahead: Shaping the Future of Private Capital
The HPS Strategic Solutions Partners Platform represents a major step toward expanding Abu Dhabi’s footprint in the global private markets sector. By combining HPS’s investment expertise with Lunate’s substantial regional capital, the platform is poised to deliver innovative and flexible investment solutions to a new generation of global investors.
This collaboration underscores a growing trend of Middle Eastern investment firms partnering with global asset managers to access international private equity opportunities, further diversifying portfolios and capital deployment strategies.
About Lunate:
Lunate is a leading Abu Dhabi-based investment firm, specializing in private markets, alternative investments, and large-scale strategic partnerships. With assets exceeding $110 billion, Lunate aims to foster sustainable growth through diversified investment strategies.
About HPS Investment Partners:
HPS is a BlackRock-owned alternative investment firm managing $165 billion in assets. The firm focuses on credit, equity, and private investment solutions worldwide, providing flexible capital to companies and investors across global markets.
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