Hedge Funds & Alternative Investments
Regulation, Risk & Compliance
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Abraaj’s fund management rights to be transferred to investors
Abraaj’s fund management rights are set to be broken up and transferred to investors including UK-based Actis, signalling an end for the group’s stewardship over its emerging markets funds. Provisional liquidators have granted exclusivity to Actis for Abraaj’s Africa funds, citing the emerging market investor’s “level of on the ground…
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Click here to read the full story: Financial Times