I wanted to experiment with a different format for this episode and share my writings on the Abraaj fraud scandal as they were happening in real time a few years ago.
Now, for those who don’t know Abraaj, it was one of the largest — and probably the flashiest — private equity firms dedicated to investing in emerging markets. It was spearheading a big push into impact investing and was marketing a $6B fund when it collapsed in insolvency under allegations of fraud.
There are a few reasons why I wanted to revisit my articles:
So, there will be four parts to the story I share today. The first three were from the February, March, and April 2018 editions of Portico’s much-beloved, monthly newsletter, Portico Perspectives.
The final part comes from the July 2018 edition.
As noted, this is an experiment, so please let me know what you think about the format and content.
This podcast was recorded in April 2021.
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