Mustafa Abdel-Wadood, global head of private equity at Abraaj, talks about limited partner requests and why his firm prefers not to do deals alongside other general partners.
The emerging-markets private equity firm plans to invest 80% of the strategy into renewables, has set up a 12-strong energy infrastructure arm and will add three more executives in this area.
Tipped as the next private equity hotspot, Africa is gaining investor interest due to its lucrative returns, with Asian deal-makers expected to be a growing force in the market.
Even relative safe havens such as the GCC countries have suffered from turbulence in the wider Middle East and North Africa, despite the region’s potential.
Abraaj Capital’s Asia head tells AsianInvestor about its proposed acquisition of Aureos Capital, a complementary deal to create the world's largest SME-focused PE group.