Private Equity

TPG in exclusive talks to buy Abraaj’s $1bn healthcare fund

Abraaj was the largest private equity firm in the Middle East until it filed for provisional liquidation in June

Saturday 22 September 2018 at 06:04

US private equity firm TPG is in exclusive talks to take over Abraaj Group’s $1bn healthcare fund, according to a letter to employees of the fund.

Abraaj was the largest private equity firm in the Middle East with almost $14bn of assets until it filed for provisional liquidation in June.