MANAMA: Investcorp, a Bahrain-based alternative investment manager, announced Yusef Al Yusef will lead its private wealth business in the GCC, progressing from his previous role as head of Gulf Institutional Clients Group.

Mr Al Yusef joined Investcorp in 2005 and has held various leadership roles within the firm, including head of Gulf Institutional Clients Group, and head of the representative office in Abu Dhabi.

In the new position, he will oversee the capital raising and wealth management business for the firm’s alternative investment products in the GCC among private wealth clients, family offices as well as private wealth distribution channels.

Timothy Mattar, global head of distribution at Investcorp, said: “This is an exciting time for Investcorp as we continue progressing our growth and diversification strategy. With Yusef’s experience as a market leader, we are confident that he will continue to build and maintain strong long-term partnerships with our clients, while leading a highly qualified team of relationship managers to a provide world-class service with tailored investment solutions that meet our investors’ needs.”

Mr Al Yusef said: “I look forward to continue working with Investcorp leadership team as we steer the firm through its next phase of growth and deliver stellar results for our clients.”

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