4 Nov 2015
- Aims to increase AUM by more than 100% over the medium-term
- Investcorp will expand its product set, invest in people and remain focused on delivering the highest levels of client service
- Strategy unveiled at Investcorp’s annual Investors’ Conference
Investcorp, a leading provider and manager of alternative investment products, unveiled a new strategic direction for the Firm at its annual Investors’ Conference in Bahrain today.
Mohammed Al Ardhi, who became Executive Chairman of Investcorp on 1 July 2015, outlined details of the plan in a speech to investors and shareholders. Al Ardhi said that Investcorp is aiming to increase its Assets under Management (“AUM”) by more than 100% over the medium-term. Investcorp will expand its product set, invest in people and it will not lose sight of the Firm’s commitment to delivering the highest levels of client service. As Investcorp grows its AUM, the Firm will help its clients to grow their wealth in a disciplined way whilst seeking to effectively managing their risk.
Al Ardhi said, “Many of our client relationships are as old as this Firm and through our proven ability over 33 years, we’ve shown that we are as relevant to today’s new generation of investors as we were when the Firm was founded by my predecessor Nemir Kirdar in 1982. It is with the deepest respect that I thank Nemir for leading this company for over three decades, and we owe a great deal to his years of dedicated service to the Firm.
“Investcorp has a solid brand, established over time thanks to the hard work of our world-class professionals. This new strategy will guide Investcorp through its next phase of growth.
“In order for Investcorp to reach its ambitious targets, our priority is to add carefully selected services under the umbrella of our brand while striking the best balance between minimizing risk and growing profit.”
By innovating its product set, Investcorp will enable investors to access new alternative investment opportunities, enhancing their ability to construct diversified portfolios across multiple markets with the objective of achieving attractive returns. Investcorp will leverage and maximise the huge depth of skills, relationships, resources and market knowledge that already exist around the Firm, reinforcing its role as the region’s bridge between the Gulf and international markets.
At the same time, Investcorp will remain committed to maintaining and building very close relationships with its investors and shareholders. In the Gulf, an important part of this is being as close to its investors as possible. Investcorp recently opened an office in Doha, which builds on the Firm’s existing presence in Bahrain, Riyadh and Abu Dhabi.