Abraaj considers selling stake in fund management spin-off as regulator swirls: Dubai-based emerging markets PE giant Abraaj Group is considering the sale of a stake in its recently-spun off fund management business Abraaj Investment Management Limited (AIML), people with knowledge of the matter tell Bloomberg. Abraaj has reportedly already begun holding meetings with advisers about the sale. The move comes as the Dubai Financial Services Authority is reportedly holding talks with some of the firm’s investors over concerns of allegations of misuse of funds in the Abraaj Growth Markets Health Fund. The allegations,which first emerged back in February, have since led the firm to spin off AIML and come at the same time as a number of top executives are reportedly looking to leave the firm.

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