Abu Dhabi Fund Blocks $800 Million Private-Equity Asset Shuffle

A Houston-based private equity firm was stopped in its tracks when an investor cried foul as it tried to sell one of its assets to itself, one of the first...

By Laura Benitez, Preeti Singh, Chris Dolmetsch · Bloomberg Markets

A Houston-based private equity firm was stopped in its tracks when an investor cried foul as it tried to sell one of its assets to itself, one of the first times such a dispute has spilled into public view.