LUNATE Options in Wealth Manager Azura partners

Abu Dhabi Based Alternative Active Manager Lunate, Azura partners came to an agreement to get a minority share.

Azura works with high-network and ultra-high-network individuals, entrepreneurs and family departments.

The purchase will be executed via RSC in Lunate Holding.

The financing will allow Azura to develop, adopt advanced technologies and buy AUMu.

This will help you expand the firm’s offers with a certain focus on a solid market investment entrance.

The owner manager will continue to operate in an autonomy under the current leadership.

In 2019, the former Julius Baer executor Ali Jamal is currently under control of $ 5 billion in assets. It operates in seven international space, including London, Geneva and Singapore.

The firm has 65 financial specialists, provides special investment and consulting services.

In addition, Azura will turn its main office from Monaco to Abu Dabi. The movement is designed to use the benefits of the legal and regulatory framework of the Abu Dhabi global market.

LUNATE’s investment is in accordance with the strategy of inflating “high growth” segments, including wealth management.

Wealth in the Middle East is projected to grow by 9.2% to 2030 each year. This PACE exceeds the popularity of global medium levels and resources to increase regional demand. Azuran’s model aims to solve this growing need in the market.

Lunate management partner Khalifa al Suwaidi said: “The Azura’s partners record our entry in the field of Lunate, the management of the resources and reflect our commitment to our growing customer base and further develop a set of products.

“Partnership, moreover, Lunate’s footprint supports our expansion strategy along the cost of investor value.”

The completion of the transaction is related to regulatory formalization.

Azura partners, chairman and CEO Ali Jamal said: “The dynamic management team and vision team and visuality have become a house in an ultra-high net worth – its leading financial center, as large as possible and synergies.

“This is the approval, the leading global wealth manager and confidence in our customers is due to the development of our presentation, which is necessary to manage, manage, manage, manage, and protect our presentation.”

“Wealth Manager Lunate Picks Picks in Azura partners” was originally created and published Private Banker InternationalA global brand.