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‘Strong allegiance’ helps Colony win race for Abraaj LatAm business

Colony’s purchase of the Latin America unit has been at least six months in the making.
Picture by James Clarke. www.jamesclarke.me, james@jamesclarke.me, 07941 676821.

Story of the year: Abraaj’s downfall and what it means for PE governance

The firm's swift fall from grace this year provides a compelling reason for LPs to conduct thorough scrutiny of governance practices.

What happens when subscription credit lines turn sour

SocGen’s dispute with some Abraaj LPs over an unpaid facility could have far-reaching consequences for the fund finance industry.

Abraaj managing director follows Vettivetpillai to LGT Impact

Raj Morjaria is a partner at LGT Lightstone, the firm's impact unit, with responsibility for overseeing new funds and investments.

Naqvi launched last ditch attempt to save Abraaj

The founder submitted a plan in August that included giving up carry and disposing of assets over several years, according to documents seen by PEI.

MENA generalists: are their days numbered?

As political volatility and the downfall of Abraaj Group weigh on the region, some private equity firms are looking to niche strategies for success.

How aligned are Blackstone and its LPs with Saudi Arabia’s PIF?

The risks of sharing a blind pool where the sovereign wealth fund plays such an outsized role are being thrown into sharp relief.

Blackstone confident, sees ‘challenges’ to Saudi-backed infra fund

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.

Abraaj LPs urged to cover defaulted credit line

LPs in Abraaj's sixth global flagship and certain regional funds have been asked to cover credit line payments.

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