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Blackstone confident, but sees ‘challenges’ to Saudi-backed infra fund

Two LPs committed to the $40bn vehicle told us they are monitoring the situation involving a journalist's disappearance and the questions surrounding Saudi Arabia's potential involvement.

Saudi Aramco taps Skandia exec to lead PE unit – exclusive

Jonas Nyquist, most recently head of private equity and infrastructure at the Swedish life insurer, will head a team at the oil and gas giant's fund management subsidiary.

Blackstone hires CDC’s head of infra to lead new MENA power sector venture

The New York-based manager is launching Zarou through Blackstone Energy Partners, with Sameh Shenouda to head up the new company.

Abraaj’s unravelling tells us due diligence must change

The troubles at the Middle East’s biggest private equity firm are relevant to investors in any private asset class.

Saudi Arabia’s PIF becomes 25% owner of power group ACWA

The sovereign wealth fund’s investment comes ahead of a planned IPO by the company, which has increasingly been diversifying towards renewable energy globally.

Abraaj’s Naqvi: We have been humbled, exhausted and tested

As the firm appoints liquidators, founder Arif Naqvi says he is hopeful the fund management business will live on under new owners.

ADIA steers clear of pricey auctions to access infra

In its annual report, Abu Dhabi’s sovereign wealth fund says the outlook for infrastructure asset valuations will be less certain in 2018, given political factors and policy considerations.

The storms that blew Abraaj off course – timeline

The emerging markets specialist has suspended fundraising for its global fund and has released LPs from their commitments. What could this mean for the wider market?

Abraaj pauses fundraising as founder steps aside

The emerging markets firm has halted fundraising and capital deployment as Arif Naqvi hands over leadership to two co-heads.

Abraaj continues global fundraise amid claims of capital misuse

The emerging markets-focused firm has no plans to pause fundraising on its $6bn private equity fund as it awaits an auditor's report on its 2015-vintage health fund.

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