Lunate Expands with Strategic Acquisition in Azura Partners

Deal News | May 05, 2025 | White & Case

Lunate Expands with Strategic Acquisition in Azura Partners

Global law firm White & Case LLP advised Lunate, an alternative asset manager based in Abu Dhabi, on its acquisition of a strategic stake in Azura Partners, a global wealth manager. Lunate’s investment signals its continued expansion into high-growth sectors like wealth management. The transaction is expected to enable Azura Partners to increase its assets under management, recruit top talent, leverage cutting-edge technology, and expand its range of product offerings. Azura, originally headquartered in Monaco, will move its main office to Abu Dhabi to benefit from the local regulatory and infrastructural advantages. White & Case, with its cross-border expertise, facilitated this deal under the leadership of partner Steven Worthington with support from international offices including Dubai and London.

Sectors

  • Wealth Management
  • Legal Advisory
  • Asset Management

Geography

  • United Arab Emirates – Lunate is based in Abu Dhabi, UAE, and Azura is relocating its headquarters to Abu Dhabi.
  • Monaco – Azura Partners is originally headquartered in Monaco.

Industry

  • Wealth Management – The article pertains to Lunate's acquisition of a stake in Azura Partners, which is a global wealth manager.
  • Legal Advisory – White & Case provided legal advisory services for the acquisition, showcasing the role of legal expertise in M&A transactions.
  • Asset Management – Lunate is an alternative asset manager, expanding its portfolio through strategic investments in high-growth areas.

Financials

    Participants

    NameRoleTypeDescription
    LunateBidding CompanyCompanyAn Abu Dhabi-based global alternative asset manager.
    Azura PartnersTarget CompanyCompanyA global wealth manager serving ultra-high net worth individuals, based originally in Monaco.
    White & Case LLPLegal AdvisorCompanyThe global law firm advising Lunate on the acquisition.
    Steven WorthingtonPartnerPeopleWhite & Case partner who led the deal team.