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Abraaj’s Vettivetpillai in jail pending £1m bail appeal

The former managing partner and head of impact appeared by video-link at Westminster Magistrates Court on fraud charges brought by the US government.

TIMELINE: What Abraaj did, according to the SEC

A timeline shows what Abraaj and founder Arif Naqvi are alleged to have done regarding the misappropriation of capital from its 2015-vintage Growth Markets Health Fund, according to the US regulator's complaint.
Dubai, UAE

Life after Abraaj: How former employees can remain in private equity

Junior and mid-level employees are widely regarded as attractive targets, while more senior personnel may find themselves on the receiving end of tough questions from future business partners.
Taxis in Dubai

Abraaj’s partners: where are they now?

While successful buyers are likely to take on a healthy number of mid-level staff, PEI looks at which senior personnel have left and who remains behind.

‘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.

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