Investcorp plans Asia investments

Bahrain-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.

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