| 26 Nov 2008 |
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His Highness The Emir of Qatar Sheikh Hamad Bin Khalifah Al Thani receives Investcorp Board of Directors in Doha
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Bahrain - His Highness The Emir of Qatar Sheikh Hamad Bin Khalifah Al Thani, has received in Doha members of the Board of Directors of InvestcorpInvestcorp
, the renowned alternative investment firm that acts as a bridge between the Gulf and West that is headed by its Executive Chairman and CEO, Nemir A Kirdar. Mr. Kirdar and Members of the Board of Directors thanked His Highness for receiving them and praised the progress and development the State of Qatar is achieving under his distinguished leadership. They briefed His Highness on InvestcorpInvestcorp's business and future plans and the steps it was taking to mitigate the impact of the global financial crisis based on its 26 years of successful experience. In particular, they explained how InvestcorpInvestcorp’s dynamism has positioned it to contribute to the significant investment opportunities that the Gulf market offers today through its Gulf Growth Capital line of business.
His Highness the Emir praised the performance of InvestcorpInvestcorp and complimented the Firm on the high respect and recognition it has earned as a world class institution.
The InvestcorpInvestcorp Board of Directors held its regular quarterly meeting in Doha to review the progress of InvestcorpInvestcorp’s five business lines and to discuss future plans.
Nemir Kirdar, welcomed three new members to InvestcorpInvestcorp
’s Board: His excellency Sheikh Jasim Bin Abdulaziz Al Thani (Qatar), Majed Seif Ahmad Al Ghurair (Dubai), and his excellency Mohammed Bin Mahfouz Al Ardi (Oman): “We are delighted to welcome three such distinguished and highly respected figures as our new Directors. Each of them has a wealth of experience and will further strengthen our Board through his insight, new perspective and wise counsel”, he said“Such expertise is especially valuable in the current turbulent financial environment, InvestcorpInvestcorp continues to stand tall. InvestcorpInvestcorp is a strong company with a unique and ever growing client franchise in this region. It has top class investment platforms and a solid balance sheet. With the guidance of our distinguished Board, InvestcorpInvestcorp’s management team is fully committed to retaining our unique position of strength and building on this to grow this Firm.”
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About Investcorp
InvestcorpInvestcorp is a leading provider and manager of alternative investment products. It has offices in New York, London and Bahrain, and is publicly traded on the Bahrain Stock Exchange (INVCORP) and the London Stock Exchange (IVC). InvestcorpInvestcorp has five lines of business: private equity, hedge funds, real estate, technology investment and Gulf Growth Capital. Founded in 1982, InvestcorpInvestcorp has grown to become one of the most distinguished investment managers in product offerings and geography. As of June 30, 2008, InvestcorpInvestcorp had more than $17 billion in invested assets under management (AuM).
Contact information for the media:
InvestcorpInvestcorp (Bahrain)
Firas El-Amine
+973 399 87838
+973 1753 2000
Hill & Knowlton (Bahrain)
Maheen Ali
+ 973 1753 3532
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