Hedge Funds Review – Dubai-headquartered private equity group Abraaj Capital has announced the launch of an independent asset management business that will invest in the Middle East, North Africa and South Asia (Menasa).
Menasa Capital Management launched with $350 million of assets under management. The team involved has largely been drawn from Abraaj Capital’s public markets division but the businesses will operate separately. Menasa is not a subsidiary of Abraaj.
