Colony Capital to buy certain Abraaj funds
Colony Capital Inc has agreed to buy certain funds owned by Abraaj Holdings. They include Abraaj’s Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business and the group’s LP interests in the underlying funds, along with staff in the eight offices. Colony has also agreed to oversee, on an interim basis, other group funds that are not being acquired. The deal is expected to close July 1.
21 June 2018•3 mins read
