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Dubai-based private equity firm Abraaj Group has hired global auditing firm KPMG to look into the finances of its health care fund after a reported dispute with some investors in the fund.The Wall Street Journal reported Friday, citing unnamed sources, that four investors in a $1 billion health care fund managed by Abraaj had hired a forensic accountant to examine what happened to some of their money.The investors included the Bill & Melinda Gates Foundation, the World Bank's International Finance Corp unit and two other investors, who pledged about a quarter of the fund's money.The Abraaj Group said that in 2017 it had deployed over $1.2 billion globally in 29 investments across the health care sector in growth markets.
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