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Get to know the abraaj group

Founded in 2002 by Arif Naqvi, The Abraaj Group grew to become the largest private equity firm in the Middle East and North Africa, managing nearly $14 billion in assets at its peak. The firm's mission was to invest in and grow businesses across emerging markets in Asia, Africa, Latin America, and Turkey, positioning itself as a key player in impact investing. However, in 2018, the firm collapsed following allegations from investors, including the Bill & Melinda Gates Foundation, of mismanaging funds within its healthcare fund. This triggered a crisis of confidence, leading to insolvency, official liquidation, and multiple international regulatory investigations and criminal charges against its senior executives for fraud and racketeering.

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the abraaj group

United Kingdom

Founded in

2002 (24 Years)

Founded

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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