Abu Dhabi is consolidating the assets of Abu Dhabi Developmental Holding Group (ADQ) under the umbrella of its new sovereign investor, L’IMAD. Key assets include TAQA, Modon Properties, Etihad Airways, PureHealth, Etihad Rail, Wio Bank, Abu Dhabi Ports, McLaren, and Louis Dreyfus. The restructuring follows Thursday’s announcement that Mohamed Hassan Alsuwaidi, CEO of the $263 billion wealth fund ADQ, had been appointed to Lunate, as executive chairman and managing partner. Lunate, with $115 billion assets under management, is an Abu Dhabi-based alternative asset manager with a core focus on private markets. L’IMAD, Abu Dhabi’s fourth sovereign wealth fund, is chaired by Sheikh Khaled bin Mohamed, the crown prince of Abu Dhabi and chairman of the Abu Dhabi Executive Council.