Abraaj hires ex-Mittal investment chief to lead new credit unit

Ex-banker who made his name managing the money of some of the world's wealthiest families will spearhead firm's foray into debt

Abraaj Group has appointed Carsten Jorgensen  as a partner in Dubai
Abraaj Group has appointed Carsten Jorgensen as a partner in Dubai

Abraaj Group has hired the former head of Indian steel magnate Lakshmi Mittal’s family office to lead the emerging markets-focused buyout firm’s new credit business.

Carsten Jorgensen joined the firm as a partner in Dubai in January 2016, a spokeswoman for Abraaj confirmed. In addition, he will lead Abraaj's real estate business and has also been appointed to the firm's management executive committee.

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