Tom Arnold
Stories by Tom Arnold
Kuwait’s Agility teams up with Centerbridge on Abraaj bid
Agility's aim in partnering with Centerbridge, which has experience in managing distressed assets, is to make its offer more attractive to LPs in Abr
Bahrain-based PE Investcorp eyes direct investments in China, India
The PE player seeks to widen its investment focus to Asia.
TPG, KKR frontrunners to manage Abraaj’s healthcare fund
Abraaj’s healthcare fund has been at the centre of a dispute since investors such as the Bill & Melinda Gates Foundation and IFC began questioning A
UAE court dismisses criminal case against Abraaj founder
The dismissal of the case provides breathing room for Naqvi as Dubai-based Abraaj tries to sell its investment management business.
Dubai’s financial regulator probes Abraaj over alleged mismanagement
The Dubai Financial Services Authority (DFSA) has interviewed the firm's founder, Arif Naqvi, and other senior executives in the past few months as pa
Colony Capital, TPG, others in race to manage $1b Abraaj healthcare fund
How Abraaj used some of the money in the healthcare fund led to a dispute with four investors including the Bill & Melinda Gates Foundation and the IF
UAE issues arrest warrant against Abraaj founder Naqvi
Authorities in the United Arab Emirates have issued arrest warrants for the founder of private equity firm Abraaj and another executive for issuing
Kuwaiti creditor refuses Abraaj deal, may prompt provisional liquidation
The refusal by Kuwait's Public Institution for Social Security (PIFSS) to join other creditors in a debt freeze may complicate Abraaj's efforts to se
PE firm Abraaj seeks deal on secured debt, Kuwaiti fund holds out
Most of the creditors have agreed to a standstill, which would see Abraaj's debt frozen for around 90 to 120 days, estimating the buyout firm's tota
Deutsche Bank looking to sell stake in beleaguered PE firm Abraaj
Deutsche Bank, which is believed to have been considering selling its stake in the embattled buyout firm for some time, has an 8.8% stake in Abraaj Ho
