The Abraaj Group and Colony Capital, a global investment firm, have signed a definitive agreement for Colony Capital and the existing management team to acquire the Abraaj Group’s private equity…
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Abraaj Holdings, Abraaj Investment Management (together “the Group”), and Colony Capital successfully reached an agreement on the principal terms for the sale and purchase of the Group’s Latin America, Sub Saharan Africa, North Africa, and Turkey Funds management business, and the Group’s Limited Partnership interests in the underlying Funds, along with staff in the eight offices being transferred under the terms of the deal.
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The Abraaj Group has acquired a majority stake in Casaideas, a home design and decoration business with a growing market presence in Chile, Peru, and Bolivia. The transaction represents the…