Investcorp Seeks to Double Infrastructure Assets Over Five Years

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(Bloomberg) — Investcorp Holdings, the Middle East’s biggest alternative investment firm, aims to double its infrastructure assets under management to $10 billion over the next five years. 

As part of the expansion, Bahrain-based Investcorp also is looking to raise a dedicated $1.5 billion infrastructure fund to invest globally, Co-Chief Executive Officer Hazem Ben-Gacem said in an interview Monday at the World Economic Forum in Davos, Switzerland. 

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“We see tremendous opportunities to grow our infrastructure business, especially in transport and logistics,” Ben-Gacem said. “Our investors are looking for more exposure in this sector.”