Chimera Launches $50B Alternative Investment Firm Lunate to Pursue Global Opportunities
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Chimera Investment launched Lunate, an alternative investment firm with over $50B in assets under management.
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Lunate aims to pursue global investment opportunities across private and public markets.
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The new firm will be based in Abu Dhabi Global Market and expand globally over time.
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Lunate starts operations in Q4 2022 with existing client commitments to manage assets.
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The launch comes as alternative assets under management globally are projected to nearly double by 2026.