Abraaj is currently raising the Abraaj Buyout Fund IV (ABOF IV) targeting US$ 2 billion to continue its proven strategy of and to capitalise on the increasing flow of attractive opportunities generated by rapid development in the high-growth economies of the MENASA region. The Fund’s objective is to generate medium - to long-term capital appreciation by acquiring control-themed interests in established businesses across the region, with a primary focus on Gulf Cooperation Council countries, Egypt and Turkey.
As with our previous buyout funds, ABOF IV’sinvestment strategy will take full advantage of positive economic and political conditions in the region which are allowing industries and companies to grow organically, expand into new markets, pursue consolidation opportunities, build distinctive capabilities and skills, and focus on corporate governance and sustainability in order to achieve best practice.
This investment strategy is consistent with ABOF IV’s successful predecessors; carefully executing attractive growth capital and buyout investments in the region. Targeted sectors include:
consumer products and retail
education
food and agribusiness
healthcare
logistics
oil and gas services
petrochemicals
transportation
energy
renewable/clean energy
The Fund will focus on companies with high-quality management teams and assets that provide a viable platform for industry and regional consolidation. It will seek to acquire profitable companies that have the potential to reach market-leadership positions; companies that have fundamentally strong operations, products and management, and therefore the capability to create a footprint across the region and emerge as regional champions. Recognising that broad economic reforms and the dismantling of state-owned monopolies are driving privatisation programmes across the region, the Fund will seek to participate selectively in such opportunities to acquire under-managed or under-capitalised assets.
