News & Analysis

The demise of Abraaj may force LPs to rethink the fundamentals of manager due diligence.

The investment arm of Abu Dhabi's second-largest SWF has teamed with SoftBank to raise $400m for venture capital.

The growth markets manager is set to launch a financial services fund and its fifth Africa-focused vehicle.

As the firm appoints liquidators, founder Arif Naqvi says he is hopeful the fund management business will live on under new owners.

Vehicles reached peak TVPI in their eighth year after launch, compared with the 10th year for developed markets, according to a report from eFront.

The fund would invest in senior and subordinated debt along with structured equity and non-control positions in financially troubled companies.

The firm will have a minimum of $3.8bn of equity to invest in Asia along with capital commitments from its global buyout fund.

Staff will seek feedback on proposed simplifications to its PE programme policy, including scrapping the CIO’s ability to approve increases in capital commitments to SMAs.

Bryn Gostin, a former attorney, has joined the firm as head of product development and strategic initiatives.

Australia’s sovereign wealth fund creates five new roles, split by asset class, after head of property exits.