Bahrain-based Investcorp, a leading provider and manager of alternative investment products, is aiming to increase its assets under management (AUM) by more than 100 per cent over the medium-term, said a top official.
International asset management firms are showing renewed interest in setting up in the Gulf, drawn by markets performing better than those in more volatile emerging economies.
Despite high incomes and large sovereign wealth funds,
The sector representing Bahrain's investment business firms has been showing strong growth as demonstrated by the figures reported for the third quarter of this year, a report said.
Since the introduction of the investment bus
Citadel Capital, a leading private equity firm in the region, has reported strong fundraising in 2010 with $363.6 million in new assets under management (AUM), including $97 million in new principal investments.
Announcing this on Wednesda
In under a year of managing money, Algebra Capital’s assets under management (AUM) have topped $1 billion.
Focused on asset management in the MENA region, the company has crossed a number of significant milestones, and has a strong pipelin