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Middle East

This week PEI is examining the Middle East – a region full of institutional capital. These are the five biggest that commit to private equity.
The document paints a picture of deceit, bribery and personal enrichment at the collapsed emerging markets firm.
There is appetite for deals in the right sectors in the Middle East, which has had a volatile year with internal conflicts compounded by international tensions.
The firm has been co-investing with large institutions and raising capital on a deal-by-deal basis in private equity in the US until now.
The size of the alleged fraud, the involvement of the US government and his high-level political connections in Pakistan make granting the Abraaj founder bail too great a risk, a UK court decided.
The former managing partner and head of impact appeared by video-link at Westminster Magistrates Court on fraud charges brought by the US government.
Dubai
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
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.
Dubai
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.
Colony’s purchase of the Latin America unit has been at least six months in the making.
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