Bahrain, March 11, 2019 – Investcorp, a leading global provider and manager of alternative investment products, is pleased to announce that it has been named ‘Firm of the Year: Middle East and Africa’ in Private Equity International’s 2018 Awards series.
Private Equity International’s regional awards recognise firms that have distinguished themselves in terms of investment activity, fundraising and overall performance in a particular geography. The winners of each category were determined by a public vote.
Investcorp was recognised in the category for its successful raising of $7.3 billion across all its strategies, including more than $1 billion of deal-by-deal capital in the Gulf, and the listing of Leejam Sports on the Saudi stock exchange. Leejam Sports is the first fitness chain to list in the region and the first company to list in Saudi Arabia in 2018.
Most recently, Investcorp has launched a joint venture with Aberdeen Standard Investments. The joint venture will benefit from ASI’s strong track-record of investing in social infrastructure projects over the past 20 years and Investcorp’s extensive private equity expertise and market reach in the Gulf.
Commenting on the award, Timothy Mattar, Head of Placement and Relationship Management at Investcorp said: “It is an honour to have been awarded Firm of the Year in MENA, especially as that recognition has been bestowed upon us by our industry peers. This is a significant achievement for our whole team and is testament to their dedication in sourcing the right investment opportunities and effectively supporting our operating partners and management, whilst delivering stellar results for our clients. This also confirms the continued trust that our clients firmly place with us. Thank you to PEI and all those across our network and the industry who voted for us.”