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Abraaj spin-off RMBV likely to onboard another European LP

Finance

14 May, 2025

Abraaj spin-off RMBV likely to onboard another European LP

RMBV, a private equity firm spun off from the Abraaj Group and which backs mid-sized companies in North Africa, is ......

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Abraaj spin-off RMBV gets LP commitment for first independent fund

Finance

05 May, 2025

Abraaj spin-off RMBV gets LP commitment for first independent fund

RMBV, a private equity firm spun out of the collapsed Abraaj Group, has secured limited partner commitment from the Egyptian ......

Abraaj founder loses challenge to US extradition on fraud charges

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 ......

Abraaj founder fights US extradition request over fraud charges

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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Allianz ropes in Edelweiss exec for Asian private credit biz

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 ......

Dubai regulator imposes $315 mn fine on two Abraaj firms

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 ......

Actis takes on management of two Abraaj funds

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 ......

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

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 ......

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

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 ......

Abraaj founder released from custody after paying $19 mn bail

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 ......

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