Article: abraaj capital announces record us$1.2 billion second closing of its infrastructure and growth capital fund

abraaj capital announces record us$1.2 billion second closing of its infrastructure and growth capital fund

IGCF becomes largest private equity fund in history focused on MENASA region

Second closing driven by strong response from across MENASA, Asia and Europe Abraaj has made five investments to date for IGCF, including Air Arabia, GEMS, EFC, Al Nouran Holding and Acibadem Abraaj Capital, the premier investment firm specialising in private equity investment in the Middle East, North Africa and South Asia (MENASA) region, announced today a record US$1.2 billion second closing of its Infrastructure and Growth Capital Fund (IGCF), providing the fund with total commitments of US$1.7 billion as ...

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