Investcorp, Bahrain-based leading global alternative investment firm, has secured the “Firm of the Year: MENA” title for the year in a row in the Private Equity International’s 2021 Awards series.
Investcorp’s Private Equity Middle East and North Africa (MENA) acquires minority and majority positions in mid-cap companies alongside partners including families and management teams. Since 2008, Investcorp has deployed approximately $1.4 billion across 16 investments, carefully chosen from around 2,000 opportunities and successfully exited from 10 of them.
Private Equity International’s regional awards recognize 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. Since 2018, Investcorp has been named Firm of the Year in MENA every year.
“We are pleased to have been named ‘Firm of the Year in MENA’ in Private Equity International’s awards for the fourth year in a row. This is a great achievement for the team and is a testament to our continued efforts towards contributing to the development of the private equity industry and the capital markets in the MENA region. I would like to thank everyone who has trusted Investcorp and voted for us.”
Recently, Investcorp launched a $500 million “Saudi Pre-IPO Growth Fund” to partner with Saudi family owners of businesses aspiring to list on the Saudi Stock Exchange (Tadawul) with a particular focus on four industries including consumer, healthcare, transport and logistics and business services.
The launch of this new fund comes after Investcorp supported four leading family businesses in their journey towards going public on Tadawul. All four IPOs were oversubscribed at the time of the IPO, generating approximately $40 billion of institutional demand, indicating strong investor demand for leading home-grown Saudi businesses.