The Gulf's Buyout King

Pakistan-born Arif Naqvi founded Abraaj Capital in 2002 and built it into the Middle East’s biggest private equity firm. Its $5 billion in total capital, in seven funds specializing in everything from real estate to infrastructure, is more than one fifth of the $23.9 billion in capital wielded by the region’s 59 private equity funds at the end of 2007. “We are clearly in the pole position at an exciting time for private equity in our region,” says Naqvi.
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