Colony Capital, TPG, others in race to manage $1b Abraaj healthcare fund

Colony Capital, TPG, others in race to manage $1b Abraaj healthcare fund

Abraaj founder Arif Naqvi. Photographer: Vivek Prakash/Bloomberg

Colony Capital, TPG and Cerberus Capital Management are among at least six firms vying to run Abraaj’s $1-billion healthcare fund, three sources familiar with the matter said.

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