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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

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.

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