Investcorp looks for IPO, strategic investor: Executive Chairman

Mohammed Alardhi, Executive Chairman of Investcorp, stated that the company is looking to secure a deal with a strategic investor or pursue an initial public offering (IPO) in the next few years.

Speaking on the sidelines of the World Economic Forum in Davos, Alardhi told Bloomberg that Investcorp may explore ways to enhance its liquidity in the coming years, either through signing a strategic partnership or via public offerings.

Alardhi also mentioned that the company currently manages assets worth about $55 billion and expressed optimism about the outlook for 2025 and business prospects in the US under the new administration of President-elect Donald Trump.

Investcorp is the largest alternative asset management firm in the Middle East, focusing on long-term value through investments in private equity, real estate, debt management, and private equity stakes across the US, Europe, the Middle East (including Turkey), and Asia.

Hazem Bin-Gacem, Co-CEO of Investcorp, previously told Argaam that the company’s investments in Saudi Arabia total nearly $2 billion, spread across private equity in logistics, pharmaceuticals, healthcare, technology, and real estate and infrastructure.

Four of Investcorp’s investments have been listed on the Saudi Stock Market, including BinDawood Holding Co., Alujain Corp., Theeb Rent a Car Co., and Lazurde Company for Jewelry.