Abraaj Group

Finance

09 March, 2023

Abraaj founder loses challenge to US extradition on fraud charges

The founder of collapsed private equity company Abraaj Group on Wednesday lost a bid to challenge his extradition from London ......

Finance

24 June, 2020

Abraaj founder fights US extradition request over fraud charges

Lawyers for the founder of collapsed private equity firm Abraaj Group are urging a British court to refuse his extradition ......

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Finance

19 August, 2019

Allianz ropes in Edelweiss exec for Asian private credit biz

Allianz Global Investors Asia Pacific Pvt. Ltd has hired an Edelweiss Group executive for its Asia private credit team.   Siddharth ......

Finance

30 July, 2019

Dubai regulator imposes $315 mn fine on two Abraaj firms

The Dubai Financial Services Authority (DFSA) said on Tuesday it had fined two entities of private equity firm Abraaj $315 ......

Finance

16 July, 2019

Actis takes on management of two Abraaj funds

Private equity firm Actis said on Monday it had acquired the rights to manage two private equity funds previously managed ......

Finance

21 June, 2019

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

NBK Capital Partners, owned by Kuwait's biggest lender, has walked away from advanced talks to buy a global credit fund ......

Finance

14 June, 2019

Former Abraaj CFO Ashish Dave, two others face US fraud charges

U.S. prosecutors on Thursday unveiled criminal charges against three more former executives of collapsed Dubai private equity firm Abraaj Capital ......

Finance

29 May, 2019

Abraaj founder released from custody after paying $19 mn bail

Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail ......

Finance

10 May, 2019

TPG inks pact to take over management of Abraaj's healthcare fund

U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a ......

Finance

08 May, 2019

Abraaj founder kept in custody in absence of $20 mn bail

Arif Naqvi, the founder of collapsed buyout firm Abraaj Group, was on Wednesday given another two days to raise a ......