Tag: Abraaj
Actis delivers 1st exit from Abraaj funds
Actis has delivered its first exit from its recently acquired Abraaj fund’s portfolio, selling Fan Milk International (FMI), a West Africa-focused consumer food production...
Abraaj fined $315m (free content)
Abraaj Group has been fined $315 million across two business units for deceiving investors and the regulator by the Dubai Financial Services Authority (DFSA).
The...
Kenya clears TPG’s Abraaj fund take over
TPG’s has received clearance to take over assets under the Abraaj Growth Markets Health Fund (AGHF) from Kenya’s regulator.
TPG finalised the deal to take...
Actis finalises 2 of 16 Abraaj funds
Actis has finalised the acquisition of two Abraaj funds that it was working to acquire. The two funds are part of the 16 vehicles,...
Investec in 8th fund deal, buys from Abraaj
Investec Asset Management (IAM) has acquired a controlling stake in an Egypt -based consumer retailer, Spinneys Egypt (Spinneys) from Abraaj. This is the eighth...
Ex-Abraaj managing partner pleads guilty
Abraaj’s ex-managing partner Mustafa Abdel-Wadood has pleaded guilty to charges of conspiracy in a US court, according to a Bloomberg report.
Mustafa Abdel-Wadood admitted to...