Abraaj

Abraaj Episode & Implications for GCC Private Equity Industry

Globally, private-equity (PE) firms manage about USD 3 trillion of capital for various investors such as pension funds, sovereign wealth funds, endowments and High Net worth Individuals (HNWI). However, less than USD 18bn of that (approximately, 0.6%) is managed by PE firms based in the Middle East region. The minuscule proportion of the Assets under Management (AuM) of the regional PE industry sets clear perspective on the size of PE industry in the region compared with the global level. Recently,...