Abraaj Capital is one of the largest private equity groups in the Middle East, North Africa and South Asia (MENASA) region. Since its inception in 2002, Abraaj has raised approximately US $7 billion in capital and distributed almost US $3 billion to its investors. With headquarters in Dubai, the Abraaj Group operates seven offices in the region including Istanbul, Cairo and Riyadh. Abraaj has made 36 investments spanning 11 countries and achieved more than 20 exits. The Abraaj Capital team consists of 80 world-class investment professionals.
In recent years, a number of software solutions for the Private Equity/Venture Capital industry have been developed which mainly address fund administration (back office) and contact management. (front office). However, the portfolio management process, which includes capture, administration, use and reporting of performance information of portfolio companies (such as financials, ratios and valuations) is still mostly dependent on manual processing using Excel spreadsheets.