Hedge Funds & Alternative Investments
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Abraaj Breakup Sees Actis Take Over More Funds
The breakup of Abraaj Group’s emerging-markets funds empire is nearly complete. Former rival Actis struck a deal to take over management of two more buyout funds raised by Abraaj, according to a document produced by the firm’s liquidators and dated Aug. 28. The funds are focused on Africa and Asia.
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Click here to read the full story: The Wall Street Journal