Investcorp

• Bahrain's Investcorp Fiscal Year Net Income Rises 37 Percent

DUBAI (Reuters) - Investcorp, the Bahrain-based alternative investment manager, on Wednesday [Aug. 3] said its net income for the fiscal year 2011 rose 37 percent, aided by profitable portfolio exits and strong performance at its corporate and real estate investment divisions. Investcorp, which once floated luxury brands Gucci and Tiffany & Co., posted a rise in net income for the fiscal year ending June 30 to $140.3 million from $102.2 million for the year-ago period, it said in a statement.

• Reuters Hedgeworld
• August 04, 2011

• Bahrain's Investcorp Eyes $400 Million Mideast Pe Spending Through 2013

DUBAI (Reuters) - Bahrain-based alternative investment manager Investcorp is looking to spend more than $400 million on stakes in companies in Turkey and the Gulf Cooperation Council in the coming two years, a senior executive said Monday [Nov. 21]. Investcorp's $1 billion Gulf Opportunities Fund I, which is 50 per cent invested so far in four deals, is in advanced talks with four to five target companies, James Tanner, head of corporate investment, told Reuters on the sidelines of a private equity conference.

• Reuters Hedgeworld
• November 22, 2011

• Fitch Downgrades Investcorp Bank B.S.C.'s IDR to 'BB'; Outlook Negative.

NEW YORK -- Fitch Ratings has downgraded the Long-term Issuer Default Ratings (IDRs) of Investcorp Bank B.S.C. (Investcorp) and its affiliates to 'BB'...

• Business Wire
• February 22, 2012

• Official Committee of the Unsecured Creditors of Color Tile, Inc., as Assignee of the Claims of the Chapter 11 Estates of Color Tile, Inc. and Color Tile Holdings, Inc. Plaintiff-Appellant, v. Coopers & Lybrand, Llp, Defendant-Appellee, Investcorp, S.A., Abf Acquisition Corp., Investcorp Bank, E.C., Investcorp Holdings Limited, Jon W. Hedley, Charles J. Philippin, E. Garrett Bewkes, Iii, Walter F. Loeb, Window Investments Limited, Shades International Limited, Shades Investments Limited, Blind Equity Limited, Blinds Holdings Limited, Aibc Investcorp Finance B.V., Investcorp Investment Holdings Limited, Acquisition Capital Limited, Corporate Capital Limited, Funding Capital Limited and Planning Capital Limited, Defendants, Investcorp International, Inc., Cip Limited, Corporate Equity Limited, Acquisition Equity Limited, Funding Equity Limited, Planning Equity Limited, Elias N. Hallack, Nemir A. Kirdar, Michael L. Merritt, Paul W. Soldatos, Defendants-Third-Party-Plaintiffs-Counter-Defendants, Eddie M. ..., 322 F.3d 147 (2nd Cir. 2003)

William R. Maguire, Hughes Hubbard & Reed LLP, New York, NY (Vilia B. Hayes, on the brief), for Defendant-Appellee. Before: MINER, SOTOMAYOR, and KAT...

• Federal Circuits

• Fitch Affirms Investcorp Bank B.S.C.'s IDR at 'BB+'; Outlook Remains Negative.

CHICAGO -- Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of Investcorp Bank B.S.C. (Investcorp) and affiliates, as well as the senior d...

• Business Wire
• February 24, 2011

• Csidentity Receives $35 Million From Investcorp

Investcorp Technology Partners, the technology private equity arm of alternative investment manager Investcorp, announced that its Fund III has agreed to acquire an equity stake in TBA-endorsed CSIdentity, the Austin-based technology leader in identity theft and fraud protection services. Fund has made an initial investment of $35 million in the company. CSIdentity provides proprietary software solutions and datasets for the $2.8 billion identity theft protection market in the US. CSIdentity's offerings go beyond the simple collation of public data, instead using sophisticated technology to identify potential fraudulent behavior.

• Texas Banking
• Vol. 99 Nbr. 4, April 2010

• Bahrain's Investcorp Signs Partnership with Ballast Capital

MANAMA, Bahrain (Reuters) - Investcorp, the Bahrain-based alternative asset manager, has signed a partnership with New York hedge fund manager Ballast Capital Management to widen its hedge fund offerings, it said on Sunday [Jan. 16]. Investcorp said its clients will now be able to access Ballast Capital's hedge funds.

• Reuters Hedgeworld
• January 19, 2011

• Investcorp Single-Manager Platform Surpasses $2 Billion

LONDON (HedgeWorld.com) - A single-manager hedge fund platform set up by Investcorp, the alternative investment manager, has surpassed $2 billion in assets under management since its debut in 2005. More than 30 institutional investors have allocated to the platform, which has a variety of investing strategies among the six managers on it. Typically Investcorp has provided between $50 million and $100 million in seed capital to each of the managers along with support for marketing and risk management to avoid style drift and other operational concerns.

• Daily News; White Plains
• July 01, 2008

• Bahrain's Investcorp Swings to H2 Profit

MANAMA, Bahrain (Reuters) - Investcorp, the Bahrain-based asset manager that once floated luxury brands Gucci and Tiffany, posted a return to profit for the second half on Wednesday [Aug. 4] buoyed by its hedge fund business. It posted a full-year net profit of $102.2 million, Investcorp said in a statement, which meant a $42 million second-half profit for the six months to June 30, according to Reuters calculations.

• Reuters Hedgeworld
• August 05, 2010

• Princeton Village nets $55m: Investcorp International.

Jeffrey Dunne, Kevin Welsh and David Gavin of CB Richard Ellis' New York Institutional Group represented PF Village LLC in the sale of Princeton Forre...

• Real Estate Weekly
• January 12, 2011