DUBAI, April 3 (Reuters) - Abu Dhabi alternative investor Lunate on Wednesday said it acquired a 40% stake in Abu Dhabi National Oil Company's oil pipeline infrastructure assets from BlackRock and KKR.

The acquisition was made by one of Lunate's funds, which the company said was executed through the purchase of a 100% stake in a special purpose vehicle jointly held by the two companies' managed funds, Lunate said in a statement.

The terms and value of the deal were not disclosed.

ADNOC Oil Pipelines was set up in 2019 to lease ADNOC's ownership interests in 22 pipelines, transporting crude oil and condensates across ADNOC's upstream concessions for a 23-year period. (Reporting by Hadeel Al Sayegh Editing by Tomasz Janowski)