News

Investcorp plans Asia investments

ManamaBahrain-based private equity firm Investcorp is preparing to make its first direct investments into China and India in the next 12 to 18 months, according to comments made by its co-chief executive. Speaking to media after announcing its earnings, Rishi Kapoor said the company plans to widen its investment focus beyond the US, Europe and Middle East region. “Relative to the past, we are much more embedded in Asia both from an investor perspective and in terms of scouting for investment opportunities,” he said. Investcorp opened an office in Singapore in April 2017 in a bid to attract more Asian institutional investors. The Bahraini buyout firm reported net income of $125 million for the year ending June 30, a 4% increase on the previous year. Earnings per share also increased by 4% to $1.30. ©2018 funds global mena

Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Roundtables

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.