Hedge Funds & Alternative Investments
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Abraaj Gets Closer to Selling Off Some of Its Funds
Actis received investor approval to take over two funds managed by the collapsed Abraaj Group, clearing a major hurdle for the emerging-market investor to complete a deal, according to people familiar with the matter. London-based Actis last week got the 75% of investor support required to take over the $1.6…
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Click here to read the full story: Bloomberg