Monday 27 April 2009

Abraaj, DIC among top PE companies

Dubai-based Abraaj Capital and Dubai International Capital Private Equity have been ranked among the world's top 300 private equity players as the two companies raised $8.8 billion (Dh32bn) over the last five years.

A Private Equity International report showed that Abraaj raised $6.49bn, while Dubai International Capital $2.37bn during the period. Abraaj Capital was ranked 54th worldwide and topped in the Mena region, while Dubai International Capital was ranked 127th globally.

Bahrain-based Investcorp and Arcapita were ranked 59th and 66th respectively. Investcorp's portfolio increased by $5.958bn and Arcapita raised $4.839bn in five years. Cairo-based Citadel also made into top 100 private equity players, ranked 75th by raising $4.1bn.

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