The Middle East’s 30 Biggest Asset Managers 2021

Rank: 2


Country: Bahrain

Co-CEOs: Rishi Kapoor & Hazem Ben-Gacem

Date of Establishment: 1982

AUM: $35 billion

Investcorp recorded $35 billion in total assets under management (AUM) in 2020. Its real estate AUM increased by 5% last year to $6.4 billion as of June 2020. Investcorp recorded net profits of $29 million in Q3 of the 2021 financial year ending March 2021, compared to losses of $2 million in the same period the previous year. The company contributed 25,000 face masks and 65,000 medical gowns and donated $1 million to the Royal Humanitarian Foundation in Bahrain to support its COVID-19 combat campaign.