Hedge Funds & Alternative Investments
Mergers & Acquisitions
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British private equity firm Actis to take over two Abraaj funds
British private equity firm Actis acquired the rights to manage two funds previously run by the now defunct buyout firm Abraaj, the company said on Monday. Actis, which manages $12 billion in assets, had been manoeuvring since January to take over Abraaj’s funds and said it was invited to step…
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Click here to read the full story: The National