Tom Arnold
Stories by Tom Arnold
Bahrain’s Investcorp, Coller Capital float $1b European PE fund
Investcorp sad it will manage both the assets acquired through the secondary transaction and the fund’s new capital.
Dubai government to launch taxi venture with Uber rival Careem
The deal is the first in the world between a state transport authority and a private sector ride-hailing service, which have sometimes had testy relat
Abraaj founder Naqvi makes last-ditch rescue attempt to prevent liquidation
Naqvi has met limited partners and creditors in an effort to win back their support for a plan to restructure the debt of Abraaj Holdings.
SoftBank to hire Deutsche Bank to advise on Saudi power investments
SoftBank could consider purchasing a minority stake in Saudi Electricity from the Public Investment Fund (PIF) sovereign wealth fund.
Abu Dhabi fund Mubadala said to be in talks with banks to refinance loan
Mubadala is in talks with banks to refinance an existing $1.75 billion revolving loan due in May next year. The state investment fund had signed the o
Khashoggi crisis may test Saudi sovereign investor PIF’s global ambitions
A year ago the PIF was a rising star among state-backed funds. pouring billions into the SoftBank technology fund and the infrastructure vehicle Black
Abraaj’s stake in $1b healthcare fund to be split among other investors
The move reflects a desire by some of the fund's other investors to sever ties with Dubai-based Abraaj ahead of TPG taking over the management of the
Actis, TPG said to be preferred bidders for some Abraaj funds
TPG has entered into exclusive negotiations to take over the management of Abraaj's $1 billion Growth Markets Health Fund.
Saudi’s PIF invests over $1b in EV maker Lucid Motors
The investment comes a few weeks after Tesla Inc CEO Elon Musk said the Saudi sovereign wealth fund could help him fund a $72 billion deal to take his
Actis places bids for Abraaj’s emerging market funds
Actis joins other potential buyers such as Kuwait’s Agility, which has teamed up with New York-based Centerbridge Partners for its bid, York Capital
