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Some of the worlds most demanding institutions have entrusted us to manage capital on their behalf. Agreed to buy some of Abraaj Groups key funds and oversee others as the Dubai-based private-equity firm attempts a court-supervised restructuring amid allegations of misused funds. By combining deep local reach, a global platform and underwriting standards, with extensive operating capabilities, we generate industry-leading returns and create value in market-leading companies.

The Dubai-based Abraaj Capital was last year ranked as the largest private equity firm worldwide by Private Equity International magazine.

United Energy Group Limited purchases Kuwait Energy Plc from Equity Group Investments LLC, Abraaj Capital Ltd. Staff in eight offices will be transferred as part of the pact.
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