Abraaj investor considers tougher termination terms in future funds


Abraaj
Arif M. Naqvi, Founder and Group Chief Executive, Abraaj Capital, of the United Arab Emirates, attends a session at the World Economic Forum (WEF) in Davos, January 26, 2012. REUTERS/Arnd Wiegmann
CDC Group, the U.K.’s development finance institution, will take a much harder line on GP-removal-type terms in future funds after Abraaj Group collapsed, Mark Kenderdine-Davies, general counsel with CDC, said at an industry conference this week. CDC was one of a group ...

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