Limited liability company | |
Industry | Private Equity |
Founded | 2002 |
Founder | Arif Naqvi |
Headquarters | Dubai, UAE |
Key people
|
Arif Naqvi, Founder/CEO |
Products | Investments, private equity funds |
Total assets | c. US$10 billion |
Number of employees
|
>300 |
Website | www |
The Abraaj Group is an investor operating in the growth markets of Africa, Asia, Latin America, Middle East and Turkey. Founded in 2002 by Arif Naqvi, the group has over 20 offices spread across five regional hubs in Istanbul, Mexico City, Dubai, Nairobi and Singapore. Abraaj currently manages c.US$10 billion in assets globally
In April 2015, the firm closed a US$990 million sub-Saharan Africa fund, its third in the region according to the company. Combined with US$375 million raised in August 2015 for a fund that will focus on North Africa, the two funds give Abraaj just under US$1.4billion to invest in Africa, a record sum raised in a single year. In July 2016, the firm announced that it raised US$526 million for investments in Turkey through Abraaj Turkey Fund I.
The Abraaj Group invests in private equity and in thematic businesses including healthcare, energy infrastructure and real estate.
The Abraaj Group is an investor in global growth markets and has made more than 140 investments across a range of sectors. These businesses currently include:
Abraaj’s Real Estate Investment Team has invested in a range of real estate asset classes, focusing on attractive returns derived from underlying growth fundamentals such as urbanization and increased consumer spending.
Abraaj has invested in companies operating in the healthcare market including healthcare delivery and services, diagnostics, and pharmaceuticals. Significant healthcare transactions include Integrated Diagnostic Holdings in MENA and Acibadem Healthcare in Turkey.
In March 2014, Abraaj announced the establishment of North Africa Hospital Holdings Group, a healthcare roll up platform, built by acquiring standalone hospitals in the region.
Significant energy infrastructure transactions include K-Electric, a vertically integrated power utility based in Pakistan. In 2015, Abraaj and India’s Aditya Birla Group announced a partnership to develop 1 GW of solar power in the country.
In 2012, The Abraaj Group became a signatory to the UN Global Compact and that same year, UN Secretary-General Ban Ki-moon appointed CEO Arif Naqvi to the Board of the Global Compact.