Private-Equity Firm Abraaj Raised Billions Pledging to Do Good—Then It Fell Apart

Created by The Wall Street Journal at 16-10-2018 16:16:00 +0000

Western investors piled into the Dubai-based Abraaj Group, whose founder, Arif Naqvi, pledged to make money by helping the poor in developing countries. Now it’s the world’s largest insolvent private-equity firm.

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Simon Clark