Deloitte Undertakes Review of Abraaj Group’s Business, Troubled $1Bln Fund

Abraaj’s founder Arif Naqvi handed day-to-day running of the investment management business to two co-chief executives and the group was split into Abraaj Investment Management Ltd (AIML) and Abraaj Holdings in late February. Dubai-based Abraaj Group has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier […]