Private Equity
Two LPs who committed to the $40bn vehicle said they are monitoring the situation involving a journalist's disappearance and the questions surrounding Saudi Arabia's potential involvement.
3 min read · 19 October 2018
LPs in Abraaj's sixth global flagship and certain regional funds have been asked to cover credit line payments.
3 min read · 17 October 2018
Jonas Nyquist, most recently head of private equity and infrastructure at the Swedish life insurer, will head a team at the oil and gas giant's fund management subsidiary.
2 min read · 17 October 2018
Henri de Castries – who led the €1.4trn French insurance giant from 2000 to 2016 – will provide the firm’s board with new relationships and strategic guidance.
2 min read · 16 October 2018
Abraaj’s joint provisional liquidators identified 367 pieces of artwork held in the company’s name, with an insured value of $22m, per creditors’ documents.
2 min read · 16 October 2018
Carried interest may be drawn from some vehicles regardless of the outcome of the Abraaj platform sale, according to a report by Deloitte seen by PEI.
2 min read · 15 October 2018
eFront's chief strategy officer dives deep into the performance of Turkey's private equity funds.
3 min read · 04 October 2018
On Tuesday Arif Naqvi reached a settlement in a $217m bounced cheque case. PEI looks at the figures that could play a role in further developments.
1 min read · 28 August 2018
The distressed specialist reduced its offer to around $20m for Abraaj's entire platform on Monday.
2 min read · 10 July 2018
The firm appointed Bernard de Backer, former senior portfolio manager at ADIA, to cover investor relations and value creation in January.
2 min read · 26 June 2018
