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York Capital Joins Bid For Abraaj Assets | Cpi Financial News | Banking And Financial News,islamic Business And Finance, Commercial Banking

by cpifinancial.net posted 3months ago 211 views
  Another American firm has joined a growing list of contenders interested in Abraaj assets. : New York-based, York Capital, a hedge fund equity firm, has joined the race for the rights to manage a network of emerging-market funds following the liquidation of Dubai-based private equity firm Abraaj Group. York Capital has placed a $45 million offer for Abraaj’s asset-management platform, which will give the winner easy access to more than a dozen developing countries across the world where the collapsing company has offices.

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