Investcorp, a Bahrain-based alternative asset manager, is contemplating a liquidity event within the next few years, potentially through a strategic partnership or an initial public offering (IPO). Speaking to Bloomberg, Executive Chairman Mohammed Alardhi stated, “In the next few years, I would not be surprised if we look for a liquidity event sometime, whether by a strategic partnership or even going to the public markets again.”
The firm manages approximately $55 billion in assets and remains optimistic about the 2025 outlook, particularly regarding business prospects in the US under the Trump administration. Alardhi noted, “The world is feeling a bit better… the macroeconomics is improving and investors are deploying. So we feel good about it despite some challenges.”
In November 2023, Investcorp Capital, a subsidiary of Investcorp, successfully completed its IPO and listing on the Abu Dhabi Securities Exchange (ADX), raising gross proceeds of approximately Dh1.66 billion (equivalent to approximately $450 million). The final offer price was set at Dh2.30 per share, resulting in an implied market capitalisation of approximately Dh5.04 billion (equivalent to approximately $1.37 billion).
