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Abraaj sold out of court protection to Colony Capital

Abraaj Holdings and its fund management arm Abraaj Investment Management (AIM) have been sold out of provisional liquidation to Colony Capital, which changed its name from Colony Northstar in June 2018. The deal does not include the troubled Abraaj Global Health Fund, which has been hived off to Alix Partners. Colony is a listed US REIT with global ambitions. Subscribers login here to carry on reading.

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