Investcorp

Today, #Investcorp announced that it has deepened and enhanced its executive leadership team as it embarks on the next phase of its growth journey. Investcorp has expanded rapidly in recent years, with growth across markets and asset classes propelling the Firm to over $52 billion in assets under management. This greater scale and business diversification has provided tremendous opportunities to utilize Investcorp’s existing platform and harvest the benefits of the Firm’s recent investments to fuel future growth and enhance value for all stakeholders. To capitalize on these opportunities, the Firm has announced a revised and deepened leadership structure, targeting greater coordination across investment strategies and geographies. As such, Executive Chairman, Mohammed Alardhi will assume additional responsibilities previously undertaken by the Co-CEOs, and the Executive Committee has been expanded and strengthened with representatives drawn from investment, fund raising and operations teams. As part of this realignment, Rishi Kapoor has been appointed Vice Chairman and Chief Investment Officer (“CIO”) to focus on delivering optimal performance for clients and shareholders, and Hazem Ben-Gacem is leaving the Firm effective November 1, 2024 but will continue in his role as a Vice Chairman of Investcorp Capital plc [ADGX Ticker: ICAP]. Additionally, Investcorp has consolidated and organized its investment activities under three global business verticals - Private Equity and Private Equity like, which will be led by Dave Tayeh; Real Assets (comprising Real Estate and Infrastructure), which will be co-led by Herb Myers and Mike O'Brien; and Credit, which will be led by Jeremy Ghose. Yusef Al-Yusef will be leading the Global Distribution Platform. We wish Hazem every success in the future, and we look forward to continuing to benefit from Rishi’s extensive experience in this new CIO role.

#Investcorp's portfolio company RESA Power recently made its fifth add-on acquisition of 2024, expanding into New York’s Capital Region by partnering with High Voltage Electric Services (HVES). Based in Albany, NY, HVES is a full-service electrical testing business that has provided acceptance, commissioning, and maintenance testing services since 1990. With this acquisition, RESA Power inherits a company that has earned an unparalleled reputation for exceeding customer expectations in providing expert electrical power systems and services solutions. Investcorp acquired RESA Power in 2021, and is a market leader in power systems electrical testing, transformer services, and life extension solutions for power distribution equipment. Read more about the announcement here: https://lnkd.in/gv_usPGC

Following its recent expansion into Canada, #Investcorp's portfolio company RESA Power announced its expansion into the greater Chicago area with the acquisition of Power Technical Services (PTS). The transaction marks RESA’s fourth add-on acquisition in 2024. Based in Downers Grove, IL, PTS is a full-service electrical testing business that has provided engineering & consulting, project management, startup & commissioning, and maintenance testing services since 2001. Investcorp acquired RESA Power in 2021, and is a market leader in power systems electrical testing, transformer services, and life extension solutions for power distribution equipment. Read more: https://lnkd.in/dw6Kpdei

An interesting article by Asharq Business اقتصاد الشرق on #Investcorp's Golden Horizon Platform, which was first launched in April. The fund aims to invest in high-growth companies in Saudi Arabia as well as the rest of the GCC and China, along with the support of the China Investment Corporation. https://lnkd.in/ecbkCdHP

Today, in recognition of International Youth Day, #Investcorp partnered with its Diversity, Equity & Inclusion ally, Future First, to host students from St. Joseph's School for an immersive learning experience. The students explored various departments, gaining valuable insights into our operations and culture. Student Days are a fantastic opportunity to nurture young talent and introduce them to the finance sector. Together, we're shaping the future!

As #India continues to emerge as a global powerhouse, #Investcorp is committed to contributing to its growth trajectory. Under the leadership of Gaurav Sharma, our India investments team has actively engaged in nurturing promising enterprises across the region. Only five years of presence in the country, and we have managed to grow our assets under management to $700 million, with a strategic target of $1 billion by the end of 2024.   Our approach goes beyond investment; it's about forming long-term partnerships that foster sustainable growth and innovation. The journey so far has seen successful investments and exits which underscore our commitment and belief in the Indian market’s potential.   Read more about our strategies and future plans in this in-depth article by Inc42 Media: https://lnkd.in/dvAzYijm

#Investcorp is bringing GP stakes investing to tokenization platform Securitize. Tim Osnabrug, Partner in Investcorp’s Strategic Capital Group, and Securitize President, Jamie H. Finn recently discussed their partnership to bring GP staking to a broader audience of investors. Read the full article at Private Equity International:https://lnkd.in/d_8jytbE

Happy Interns' Day to our 37 interns across our 14 offices! At #Investcorp, we are proud to support the next generation of leaders and provide them with valuable internship experiences. We are grateful for their hard work and dedication, and we look forward to seeing them thrive as the future leaders of our industry.   Thank you for being an integral part of the Investcorp family.

Congratulations to Ankit Garg, CEO and Co-Founder of Wakefit, an #Investcorp portfolio company, who has been recognized in the ET 40 Under Forty list. Speaking to the Economic Times, Ankit Garg commented: “The best advice I ever got was to always stay curious, never stop learning, and unlearning. Embrace change and see every challenge as an opportunity to grow and innovate.” Investcorp has supported Ankit and the team since 2023, leading a Series D funding round raising $40m. Read more: https://lnkd.in/gEwRSVcS 

#Investcorp’s Strategic Capital Group is sponsoring With Intelligence - Pension Bridge Private Equity Exclusive, and our team members will be on-site this week. We look forward to collaborating and networking with our industry peers! Please reach out if you’d like to meet up. #PensionBridgePEX