Nik Pratt

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Abraaj denies misuse of healthcare fund

Dubai-based private equity firm Abraaj Group has denied accusations that it misspent funds intended for a number of healthcare projects in South Asia and...

Mumtalakat purchases Lenovo office in US

Bahrain’s sovereign wealth fund, Mumtalakat Holding Company, has partnered with US-based Sentinel Real Estate Investment Corporation to acquire the US campus of computer manufacturer...

Bank of Singapore targets Dubai’s private wealth market

The Bank of Singapore is planning to add 25 private bankers in its Dubai office as a part of a campaign to target non-resident...

DFSA publishes results of thematic review

The Dubai Financial Services Authority (DFSA) has issued the findings of its review into client classification and suitability practices at regulated firms and found...

SWFs to turn to alternatives: PwC

Alternative investments now make up almost a quarter (23%) of all sovereign wealth funds (SWFs) asset allocations, according to a report from PwC. The report,...

Arcapita selected for HSBC Saudi Arabia’s logistics fund

HSBC Saudi Arabia has appointed Bahrain-based Arcapita as an advisor to its $150m logistics fund. Arcapita will be expected to help HSBC identify assets...

Year of change for Dubai real estate: Deloitte

After a challenging 2017, Dubai’s real estate sector is predicted to undergo a year of disruption in 2018 thanks to the introduction of VAT...

AIIM fund invests in Ghana power plant

One of Africa’s largest infrastructure equity fund managers, Africa Infrastructure Investment Managers (AIIM), has acquired a minority share in the Amandi IPP power plant...

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