17 Oct 2017
Investcorp, a leading global provider and manager of alternative investments, hosted its second annual U.S. event on October 4, 2017, in New York City. The dinner was well-attended by top representatives from the finance, legal, consulting and media industries.
Mohammed Alardhi, Executive Chairman of Investcorp, commenced the event with remarks focused on Investcorp’s global business growth and continued investment in the U.S., noting that “the last twelve months have been an exceptionally exciting time in the firm’s history.”
The biggest change to Investcorp’s business over the last year has been the addition of Investcorp Credit Management. According to Mr. Alardhi, the expanded credit management offering has enabled the Firm to support financial institutions, insurance companies, pension funds and high-net-worth individuals who are seeking reliable, risk-adjusted investment opportunities during significant market volatility.
Mr. Alardhi stated that the U.S. remains an important area of investment for Investcorp’s Real Estate business, revealing that the team is actively engaged in discussions to acquire more properties in high-growth cities across the country. Over the last 18 months, the U.S.-based real estate arm has invested $1.8 billion across industrial and residential properties. Most recently, the business announced investment in six multifamily properties in Florida and Arizona, totalling a purchase price of $350 million.
Investcorp’s Corporate Investment business has also seen a constant source of investment opportunities. “Being able to support growth-oriented U.S. companies is important to Investcorp and has allowed us to remain a leading player in middle-market corporate investment space,” commented Mr. Alardhi.
Investcorp’s Alternative Investment Solutions business has continued to develop its product suite. In fiscal year 2017, AIS saw $538 million of inflows and advisory mandates in the U.S.
“We appreciate the fundamental strength of the U.S. economy and the opportunities it has provided our business, and are pleased to contribute to its growth as well. We are committed to continued investment here as a core element of our future growth plans,” concluded Mr. Alardhi. “We have evolved from our historic reputation as a bridge for Gulf investors to investment opportunities in the West to become a global firm that offers alternative investment solutions across the globe.”