Today's Edition
DAVOS (Bloomberg Television)
Investcorp, the Middle East’s largest alternative asset manager, could look at a deal with a strategic investor or an initial public offering in the next few years, according to executive chairman Mohammed Alardhi.
“In the next few years I would not be surprised if we look for a liquidity event sometime, whether by a strategic partnership or even going to the public markets,” Alardhi said in an interview with Bloomberg Television at Davos.
The firm, which now manages about $55 billion according to Alardhi, is optimistic about the outlook for 2025 and the prospects for business in the US under the Trump administration.
The firm has recently gone through a management reshuffle that involved Hazem Ben-Gacem stepping down as co-chief executive officer and Alardhi taking on more responsibilities. Rishi Kapoor, who was also co-CEO, took on a new role as vice chairman and chief investment officer.
