Investcorp named best private equity house in ME
Manama, June 16, 2014
Bahrain-based Investcorp, a global provider and manager of alternative investment products, has been awarded "Best Private Equity House in the Middle East" by EMEA Finance at its annual achievement awards ceremony.
Having completed more than 150 corporate transactions since its launch in 1982 with a combined value of more than $50 billion, the award recognises Investcorp's substantial contribution to the industry, reported the Gulf Daily News, our sister publication.
The awards ceremony, which took place at the Law Society in London, acknowledges excellence across global financial markets for companies active in the debt, equity, loans, M&A, private equity, structured finance, restructuring and Islamic finance markets.
Investcorp Gulf business president Mohammed Al Shroogi said this award recognises "our successful strategic blue print since 2010 and the ongoing success of our mission to be a 'bridge' between the surplus wealth of the Gulf and alternative investment opportunities in the West.
"We remain committed to our core principals of transparency and integrity and the strong relationships we have built with our clients, shareholders and the wider 'Investcorp family' worldwide, which has been critical to our success. This award is testament to the effort, skill and dedication of all our staff and we look forward to further successes in the years to come," remarked Al Shroogi.
James Tanner, head of corporate investment - Mena and Firas El Amine, head of corporate communications represented Investcorp at the ceremony.
Investcorp continues to build on this successful track record and, in line with its expansion strategy for the Gulf, recently opened its latest office in Abu Dhabi, with more offices planned to support established operations across the Gulf.-TradeArabia News Service