Bahrain: Investcorp, a leading global provider and manager of alternative investments, held its Board of Directors meeting for the first time in Kuwait. During the meeting, which took place in Kuwait City and saw the attendance of all board members, the Board of Directors discussed Investcorp’s strategy along with trends, opportunities and challenges facing global markets.
Addressing the Board members, Mohammed Alardhi, the Executive Chairman of Investcorp, said: “We are very honored to be in Kuwait, a country that we have deep historical ties with and has played a critical role in our growth journey. Investcorp stands as one of the leading players in the global alternative asset management space, and we are proud with what we have built over the years.”
Ahead of the meeting, Dr. Yousef Al-Ebraheem, Chairman of Investcorp’s Board of Directors and Kuwait’s former Minister of Finance, hosted a dinner in honor of the firm’s Board members and Executive Committee. At the dinner, Dr. Al-Ebraheem said: “It is my pleasure to welcome all members of the board to Kuwait, and I would like to take this opportunity to express my pride in Investcorp’s current position as a truly global player in alternative investments market. This status, and our expansion into additional markets, places us in a stronger position as it unlocks access to opportunities all over the globe, providing us with additional flexibility in mitigating our risk and delivering great value to our clients and shareholders.”
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About Investcorp
Investcorp is a leading global manager of alternative investments. Led by a new vision, Investcorp has embarked on an ambitious, albeit prudent, growth strategy. The Firm continues to focus on generating value through a disciplined investment approach in four lines of business: private equity, real estate, absolute return investments and credit management.
As at June 30, 2018, the Investcorp Group had US$ 22.6 billion in total AUM, including assets managed by third party managers and assets subject to a non-discretionary advisory mandate where Investcorp receives fees calculated on the basis of AUM.
Since its inception in 1982, Investcorp has made over 175 Private Equity deals in the U.S., Europe, the Middle East and North Africa region and Asia, across a range of sectors including retail and consumer products, technology, business services and industrials, and more than 600 commercial and residential real estate investments in the US and Europe, for in excess of US $57 billion in transaction value.
Investcorp employs approximately 400 people across its offices in Bahrain, New York, London, Abu Dhabi, Riyadh, Doha, India, and Singapore. For further information, including our most recent periodic financial statements, which details our assets under management, please refer to: www.investcorp.com
Media Contacts:
Investcorp
Firas El Amine
+973 3998 7838
felamine@investcorp.com
Brunswick Group
Celine Aswad
+971 4 446 6270
Investcorp@brunswickgroup.com
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