Franklin Templeton and Turkish private equity firm Actera have joined the race to take over Abraaj's Turkish assets after negotiations with other buyers failed, Reuters reports. The Dubai-based private equity firm, which has around $13.6bn assets under management, collapsed after allegations of misusing funds earmarked for the Abraaj Growth Markets Health Fund. The Turkish assets include the $526m Turkey Fund 1, which was raised in 2016. At that time Abraaj said it had deployed $900m ac...
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