Hedge Funds & Alternative Investments
Regulation, Risk & Compliance
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Abraaj in Talks to Sell Fund Unit Stake to Colony NorthStar
Abraaj Group, the Middle East buyout firm roiled by allegations of misused funds, is in talks to sell a majority stake in its fund-management unit to Colony NorthStar Inc. to help stabilize the business, according to people with knowledge of the matter. Discussions between the Dubai-based firm and U.S. asset…
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Click here to read the full story: Bloomberg