Abraaj Capital said on Monday it will acquire specialist fund Aureos Capital, in the latest bid by the Middle East's largest private equity firm to expand its geographical footprint - Reuters is reporting
Aureos Capital Limited, based in the United Kingdom and with about $1.3 billion assets under management, provides expansion and buy-out capital to small and medium-sized businesses across Asia, Africa and Latin America. Aureos is active in more than 50 emerging markets and manages 17 regional private equity funds, including its South Asia Fund.
Abraaj Capital is listed in the Middle East Investors Directory with the code OR01.
More details follows:
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