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Abraaj Capital named as best institution for private equity

Banker Middle East is one of the most respected and widely read financial publications in the region and its annual awards are highly valued by the industry.

Commenting on the award for Abraaj, Paul McNamara of Banker Middle East said: "Abraaj Capital has deservedly been named as the best private equity House in the region. Its contribution to the private equity industry is widely regarded as being critical to growth and development of the region. I am delighted to present this award to Abraaj as it represents the opinion of thousands of voters." Receiving the award, Shirish Saraf, Managing Director, Abraaj Capital, said: "The Banker Middle East Awards recognise excellence across the range of banking and finance and are the industry benchmark. It is a testimony to the pioneering role of Abraaj in the regional private equity sector and its significant growth over the last few years.

We are set to continue on a high-growth path of enhancing investor returns by deploying their funds across the Middle East, North Africa and South Asia region."

The Banker Middle East award comes just a few weeks after Abraaj was voted the "Middle East Private Equity Firm of the Year."