Bahrain, July 01, 2015 - Investcorp, a leading provider and manager of alternative investment products, announced that the long planned changes to its executive management have today come into effect.

This marks the culmination of a carefully planned succession process following Nemir Kirdar's decision to retire as Executive Chairman and CEO. Mr. Kirdar has served as CEO since the firm's founding.

As previously announced, today Mohammed Al Ardhi will assume the position of Executive Chairman, succeeding Nemir Kirdar who was recently appointed as Chairman of the Board of Directors. Mohammed Al-Shroogi, formerly President of Investcorp's Gulf Business, and Rishi Kapoor, formerly Investcorp's Chief Financial Officer, will assume the position of Co-CEOs.

"I am excited and honored to take on this prestigious position," Mohammed Al Ardhi, Executive Chairman, Investcorp, said. "It is a great privilege to continue the work of Nemir Kirdar. Under his leadership, Investcorp has become one of the leading investment institutions in the world. It is an important time for the business as we continue to grow and focus on providing what we believe to be superior alternative investment opportunities to our clients, especially at a time when we are experiencing profound structural and sectoral changes in the regional and global economy. I look forward to working closely with all of our partners, and utilizing my range of business experience, to fully realize our vision for Investcorp, to be a leading, yet distinctive, financial institution while maintaining our important ethos and commitment to our clients and shareholders."

Nemir Kirdar, Chairman of the Board of Directors, Investcorp, added: "Today is an important landmark in the next chapter in Investcorp's development. I step down from my position as Executive Chairman and CEO leaving in place an organisation that is recognised globally as a leading and pioneering financial institution. Under the leadership of Mohammed Al Ardhi, as Executive Chairman, and Mohammed Al-Shroogi and Rishi Kapoor as Co-CEOs, I am certain that Investcorp will continue to innovate, provide its clients with exemplary service and be recognised globally as a trustworthy institution for many generations to come."

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About Investcorp
Investcorp is a leading provider and manager of alternative investment products and is publicly traded on the Bahrain Bourse (INVCORP). The Investcorp Group has offices in London, New York, Bahrain, Saudi Arabia and Abu Dhabi. Investcorp has three business areas: corporate investment in the US, Europe and the Gulf, real estate investment in the US and global hedge funds. As at December 31, 2014, the Investcorp Group had approximately $11 billion in total assets under management ('AUM'), including assets managed by third party managers where Investcorp receives fees calculated on the basis of AUM. Further information, including our most recent periodic financial statements, which details our assets under management, is available at www.investcorp.com.

Media Contacts:
Investcorp
Firas El Amine
+973 39987838
felamine@investcorp.com

Brunswick Gulf
Joudi Issa
+971 44466270
Investcorp@Brunswickgroup.com

© Press Release 2015