Home Middle East

Middle East

Cerberus returns with knockdown bid for Abraaj – exclusive

The distressed specialist reduced its offer to around $20m for Abraaj's entire platform on Monday.

Germany’s ECM hits Fund V hard-cap after ADIA hire

The firm appointed Bernard de Backer, former senior portfolio manager at ADIA, to cover investor relations and value creation in January.

Colony and Abraaj: who, what, when, where and why?

The real estate investment firm owned by Tom Barrack agreed this week to buy part of the ailing Abraaj business. What do we know?

Colony to acquire Abraaj fund units and LP stakes

The investment firm is to take control of four fund businesses and acquire Abraaj's interests in the underlying vehicles.

ADIA invests in London pension corp amid growing appetite for directs

The $828bn sovereign wealth fund joins existing investors CVC, Reinet and Legend Holdings.

Abraaj given ‘breathing space’ by Cayman court

The process to restructure the embattled emerging markets firm could be wound up before the end of summer.

What lies beneath

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

Mubadala eyes more third-party capital

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

Abraaj’s Naqvi: We have been humbled, exhausted and tested

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

Why timing matters in emerging markets

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

Copyright PEI Media

Not for publication, email or dissemination