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Abraaj Press Tracker
December 14, 2018 | Issue No. 7

Some incremental information on the Abraaj matter trickled out in the press this week. On December 10th, PitchBook published an article titled “How a private equity powerhouse went bust” that reports alleged facts leading to Abraaj’s challenges. The article also reports on potential bidders for certain Abraaj assets. The article is available here. On December 13th, Bloomberg reported that NBK Capital Partners is close to consummating a takeover of the Abraaj Global Credit Fund. The article states that the fund had raised $260 million and made three investments. No mention of any fund financing. The article is available here.

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