Tag Archives: investcorp
Investcorp Receives Approval to Issue a Further US$ 40 Million of Preference Shares to Meet Demand
Zawya – Shareholders at InvestcorpInvestcorp’s Extraordinary General Assembly today voted to issue a further US$ 40 million of preference shares to meet additional demand from investors who subscribed to Investcorp’s recent capital raise. Investcorp had received commitments in excess of […]
QUOTEBOX: Hedge funds ponder rough year at Monaco meeting
Reuters – Hedge fund managers, administrators and investors have gathered in Monaco for the annual GAIM industry conference following a tough year marked by poor performance and client outflows. Below are selected quotes from the first day of the conference: […]
Investcorp plans $500 mln U.S. property debt fund
Reuters – Bahrain- and London-listed investment house Investcorp INVB.BH plans to set up a fund worth up to $500 million to invest in U.S. real estate-related debt, its managing director said on Thursday. Investcorp’s Managing Director Khalid al-Rumaihi told Reuters […]
Hedge Fund Manager Investcorp buys into L’azurde
West Palm Beach (HedgeCo.net) – Hedge fund and alternative investor, Investcorp, along with its consortium partners Eastgate Capital Group and The National Investor, announced the acquisition of a 70% stake in Saudi gold and jewelry makers, L’azurde. L’azurde had 2008 […]
TowerBrook takes control of Autodistribution Group
Forex Pros – Private equity firm TowerBrook Capital said on Monday it had reached an agreement to take control of French debt-ridden auto parts firm Autodistribution Group. The deal, at a time of slumping sales in the European car industry, […]
U.S. offers more funds to help fraught AIG
The U.S. government announced a restructuring of a bailout plan for the troubled insurer American International Group Inc. Monday, extending $30 billion in additional aid to the company. News of the additional funds comes as AIG, once the world’s largest […]
Investcorp Sponsors CRISP Alternative Investments Program
West Palm Beach (HedgeCo.net) – Alternative investment manager, Investcorp, sponsored a group of Bahraini students from the Crown Prince’s International Scholarship Program (CPISP), to spend a day at Investcorp’s London office, meeting and questioning senior managers and learning about hedge […]
