Emir is briefed on Investcorp’s business plans

HH the Emir Sheikh Hamad bin Khalifa al-Thani, has received in Doha members of the Board of Directors of Investcorp, the renowned alternative investment firm that acts as a bridge between the Gulf and the West.

HH the Emir Sheikh Hamad bin Khalifa al-Thani meeting Investcorp’s Board of Directors in Doha

The Investcorp delegation, headed by executive chairman and CEO, Nemir A Kirdar, briefed the Emir on Investcorp’s business and future plans and the steps it was taking to mitigate the impact of the global financial crisis based on its 26 years of successful experience.
In particular, they explained how Investcorp’s dynamism had positioned it to contribute to the significant investment opportunities that the Gulf market offers today through its Gulf Growth Capital line of business.
The Emir praised the performance of Investcorp and complimented the firm on the high respect and recognition it has earned as a world-class institution.
The Investcorp Board of Directors also held its quarterly meeting in Doha to review the progress of Investcorp’s five business lines and to discuss future plans.
Kirdar, welcomed three new members to Investcorp’s Board: HE Sheikh Jassim bin Abdulaziz al-Thani (Qatar), Majed Seif Ahmad al Ghurair (Dubai), and HE Mohamed bin Mahfouz al-Ardi (Oman).
“We are delighted to welcome three such distinguished and highly respected figures as our new directors. Each of them has a wealth of experience and will further strengthen our Board through his insight, new perspective and wise counsel,” he said.
Kirdar observed that such expertise was especially valuable in the current turbulent financial environment as Investcorp continues to stand tall.
He maintained that Investcorp is a strong company with a unique and ever growing client franchise in this region. It has top-class investment platforms and a solid balance sheet.
“With the guidance of our distinguished Board, Investcorp’s management team is fully committed to retaining our unique position of strength and building on this to grow this firm,” he added.
Investcorp has offices in New York, London and Bahrain, and is publicly traded on the Bahrain Stock Exchange and the London Stock Exchange. Investcorp has five lines of business: private equity, hedge funds, real estate, technology investment and Gulf Growth Capital.
Founded in 1982, Investcorp has grown to become one of the most distinguished investment managers in product offerings and geography. As of June 30 this year, Investcorp had more than $17bn in invested assets under management.