Investcorp plans to double AuM to $100bn

Bahrain-based alternative investment manager Investcorp is planning to double its assets under management from $50 billion to $100 billion, according to comments made by its executive chairman.

Mohammed Alardhi was addressing attendees at Investcorp’s 2023 Leadership Programme, a conference held in Berlin in partnership with the European School of Management and Technology.

Alardhi did not give a specific timeframe for the doubling of its assets but did provide some hints as to where it may allocate its capital.

“New and disruptive business models are rising quickly, and understanding the interplay between different megatrends is far from easy – but we all know that sustainability, the energy transition and digitalization will define the coming decades,” he said.

The comments came days after Investcorp disclosed that it had distributed $1.2 billion in aggregate to its GCC investors over the last 12 months.

©2023 funds global mena

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