Tom Arnold
Stories by Tom Arnold
Deloitte said to undertake review of Abraaj’s business, troubled fund
A Deloitte team, including specialists in forensic services, is working inside Abraaj's office to help the healthcare fund review its governance and c
Abraaj hires Houlihan Lokey for healthcare fund advice after investor dispute
Disagreements came to light earlier this year over how Abraaj had used the money of some of its investors, including the Bill & Melinda Gates Foundati
Abraaj CFO leaves PE firm, other exits in the offing
Two other senior executives are also reportedly preparing to leave the investment firm. Abraaj is also learnt to be considering a round of job cuts.
ADIA exec says normalisation of interest rates main challenge to investors
Abu Dhabi Investment Authority (ADIA) is one of the world’s biggest sovereign wealth funds.
Saudi Aramco seeks to raise billion dollars in loan before stock listing
Aramco has already obtained a $2 billion loan guaranteed by the UK Export Finance agency (UKEF).
Saudi budget airline Flynas pushes ahead with IPO, picks Morgan Stanley
The airline is part owned by Saudi billionaire Prince Alwaleed Bin Talal's firm.
Qatar sovereign wealth fund cuts stake in Tiffany & Co
QIA has also recently cut its stakes in Russian energy giant Rosneft and Swiss bank Credit Suisse.
India: JBF Ind’s UAE arm in talks to sell Belgian plant for up to $300m
As JBF RAK seeks to re-negotiate around $545 million in debt and turn around its fortunes
Bahrain-based Investcorp aims for 10 investments across PE, real estate
These investments will help the company achieve its goal of increasing its AUM to $25 billion in the next three years or so.
Goldman Sachs buys into Saudi Aramco’s $10b loan as it seeks role in historic IPO
Goldman purchased a portion of the $10b revolving credit facility Aramco signed with a number of banks in 2015.
