Founded in 1983, AUREO
is an organization of 160+ universities and colleges throughout the United States and Canada that have staff dedicated to servicing the real estate needs of their respective higher education institutions.
Announcing the completion of the transaction, Arif Naqvi, Founder and Group Chief Executive Officer, Abraaj Capital said, "The acquisition of Aureos is a pivotal moment for Abraaj as it consolidates our position as the pre-eminent private equity fund manager in global growth markets.
Aureos Capital is a global private equity fund management group investing in small and medium-sized enterprises, or SMEs, across Asia, Africa and Latin America.
The Aureos acquisition was a crucial stepping stone on Abraaj's path to IPO," he added, without giving more details on the stake to be offered or the market where shares will list.
Abraaj has had a busy year already, led by a strategic deal to buy emerging markets-focused Aureos Capital.
Abraaj Capital recently announced the acquisition of Aureos Capital which, pending certain approvals, would create a truly global emerging markets private equity firm with $7.
Abraaj Capital, a leading private equity manager investing in the rapidly growing economies of the Middle East, Turkey, Asia and Africa, today announced the acquisition of Aureos Capital ("Aureos"), a global private equity fund management group investing in small and medium-sized enterprises ("SMEs") across Asia, Africa and Latin America.
Dubai Abraaj Capital said yesterday that it has fully acquired Aureos Capital (Aureos), a global private equity fund management group investing in small and medium enterprises (SMEs) across Asia, Africa and Latin America.
The vacuum facility has received funding from venture capital fund Aureos while SIDBI's venture arm has financed HHV's Rs 70-crore solar unit at Dobbespet, 60 km from Bangalore.
In 2010 Aureos Capital bought a 26% stake in Nairobi Women's Hospital at a cost of $2.
The company was the first development finance institution, set up in 1948 and renamed Commonwealth Development Corporation in 1963, and started investing into funds in 2004 after spinning off Actis and Aureos fund managers.
A consortium of private equity investors participated, including Aureos South Asia Fund and International Finance Corporation (IFC).