The Abraaj Group

The Abraaj Group was a global investment firm that operated across private capital and real assets in the growth markets of Asia, Africa, Latin America, and the Middle East. The firm had over 20 offices spread across six regional hubs in Dubai, Istanbul, Mexico City, Mumbai, Nairobi, and Singapore. Abraaj's private equity investment strategy focused on acquiring controlling or significant interests with board representation in stable, mature, well-managed businesses. It was also once active in the hedge funds and private debt space. The real assets business targeted investments through funds, limited partnerships, and special purpose investment vehicles in the MENASA region (Middle East, North Africa, and South Asia). It also pursued follow-on investment opportunities in South Asia, in businesses related to its core portfolio. The firm targeted commercial, retail, office, and retail property as well as investing in a diverse range of infrastructure and natural resources opportunities, including greenfield and brownfield projects, growth capital opportunities, and large-scale privatizations and buyouts. In March 2018, Abraaj freed investors from their commitments in Abraaj Private Equity Fund VI due to an investigation into the use of capital in the Abraaj Healthcare Fund. As of 18th June 2018, Abraaj Holdings went into provisional liquidation. The firm is no longer active. Colony Capital purchased Abraaj's Latin America business. Actis Capital took over Abraaj Private Equity Fund IV and Abraaj Africa Fund III, and TPG Capital's Rise Fund acquired the firm's healthcare business.Read more ⏷