Tracy Alloway
Stories by Tracy Alloway
Abu Dhabi’s Mubadala eyes Asia investments and alliances
The fund is looking at sectors including hi-tech industries, artificial intelligence, health care, real estate, as well as traditional private equity.
Behind the spectacular fall from grace of private equity firm Abraaj
For years, Abraaj's main revenues didn’t cover operating costs. It borrowed to fill the gaps and now owes creditors over $1 billion.
Abu Dhabi firm counters Cerberus’ offer for Abraaj unit with $55m bid
Abu Dhabi Capital Management told Abraaj’s liquidators it would pay $30 million to buy the rights to manage Abraaj’s funds and $25 million to cove
Abraaj founder apologises “unreservedly” in memo to employees
In an internal note to employees, Arif Naqvi said he had no knowledge of intentional wrongdoing at the buyout firm.
Dubai’s Abraaj said to plan filing for provisional liquidation
The Dubai-based investment firm plans to file before June 29 when a court hearing of a petition to liquidate Abraaj Holdings by Kuwait’s Public Inst
Deloitte said to have found Dubai’s Abraaj commingled $95m
Abraaj still owes $94.6 million to its Private Equity Fund IV, but all money has been accounted for and there appears no evidence of embezzlement or m
Colony NorthStar walks away from talks to buy stake in Abraaj fund unit
Cerberus Capital Management is said to be still in discussions with Abraaj for buying a stake in its fund management unit and is carrying out its own
India seeks Saudi Aramco, Adnoc backing for $45b oil refinery
Adnoc is considering joining Saudi Aramco in a potential investment in the Ratnagiri refinery project in India.
Buyout firm Abraaj in talks to sell fund unit stake to Colony NorthStar
Abraaj is considering the sale of the stake to raise cash amid heightened regulatory scrutiny and the departure of key executives.
SGX chief bullish on bourse’s Saudi Aramco IPO chances
At least half a dozen exchanges including those in New York, London, Hong Kong, Tokyo and Toronto are vying for a slice of the IPO.