Co-CEOs of Abraaj investment management business resign from board | ZAWYA MENA Edition:
The co-chief executives of Abraaj Investment Management Ltd (AIML) are stepping down from the board of the unit, days after the Dubai-based firm agreed to sell the bulk of the business to Colony Capital.
This is the latest shakeup at Abraaj, the Middle East and Africa's largest private equity firm, which has been bruised by a dispute with some of its investors over the use of their money in a $1 billion healthcare fund.
The group has denied it misused the funds.
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