Abraaj collapse spurs private equity rethink

This month Mustafa Abdel-Wadood, the managing partner of giant Middle East fund Abraaj, pled guilty to racketeering in a New York court, following the May annual meeting in Washington of the 15-year old Emerging Market Private Equity Association (EMPEA), where hundreds of delegates gathered to celebrate last year’s record $90 billion fundraising dominated by China. A […]