SEC Charges Arif Naqvi and Abraaj Investment Management with Misappropriation of Funds

Posted on 04/12/2019


The U.S. Securities and Exchange Commission (SEC) levied charges against Arif M. Naqvi, a Pakistani national, and Abraaj Investment Management Limited, a Dubai-based investment advisory firm, with misappropriating funds from a private equity fund client. The Abraaj Group was heavily marketed among emerging market private equity circles, gaining inroads to sovereign investors, pension, and wealth […]