KARACHI - Abraaj Capital, a leading private equity manager investing in the rapidly growing economies of the Middle East, Turkey, Asia and Africa, on Friday 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, says a press release.

The acquisition of Aureos strengthens Abraaj Capital’s position in the emerging markets private equity landscape and enhances its global scale.  The combined entity will have approximately $7.5 billion in assets under management, a presence in over 30 countries across all global emerging markets.

 and 153 investments managed by a seasoned team of over 150 investment professionals with unmatched local expertise. 

With an operational presence in over 20 countries, $1.3 billion in funds under management and over 250 deals completed in the SME segment in the last two decades, Aureos has built a reputation as the leading emerging markets private equity manager focused on SME investing, combining local insight, extensive proprietary networks and on the ground presence.  Through a hands-on engagement model, Aureos has successfully enabled its portfolio companies to scale up their businesses locally and regionally, and deliver value to shareholders and community stakeholders.