fifteen-fold value increase for investcorp shareholders since inception in 1982
- INVESTCORP PRESENTS ITS FUTURE PLANS AT SHAREHOLDERS CONFERENCE- Investcorp, a leading provider and manager of alternative investment products, announced today during its Shareholders Conference in Bahrain that its shareholders have experienced a fifteen-fold increase in value during the 25 years of operations since Investcorp’s inception in 1982. This significant achievement underscores the Firm's focus on continued shareholder value creation through sustained growth and profitability. The conference was hosted by Investcorp's Chief Executive Officer, Nemir Kirdar, and included an update on the current activities and outlook in each of Investcorp’s asset classes. This covered: US and European buyouts, hedge funds, real estate, small cap technology investments and Gulf growth capital through Gulf Opportunity Fund I, which was recently registered in Bahrain as a new area for the Firm. The discussion also included an update on the Firm’s placement and fundraising activities in the Gulf and internationally. A number of Investcorp's senior management team members presented their growth objectives in different areas of business, putting these into context against the trend of strong growth achieved over the past few years, and particularly during Fiscal year 2007. Attendees were briefed about Investcorp's investment philosophy and unique model in deploying capital and attracting investments. The conference also gave shareholders the opportunity to interact directly with Investcorp's senior management team and gauge their thoughts regarding the different areas of operation and the current global market environment. Mr. Kirdar pointed out that Investcorp represented a success story backed by a history of record results and consecutive achievements that have enabled Investcorp to become globally recognized, bolstered by its strong financial reputation worldwide.
Mr. Kirdar thanked Investcorp’s shareholders for their confidence and belief in the abilities of the Investcorp team that had adopted a successful investment philosophy across all lines of business founded on integrity, confidence, responsibility, innovation, and initiative adopted by all. Investcorp's Chief Financial Officer, Rishi Kapoor, explained that Investcorp shareholders had achieved total annual returns of 20% per annum over a 25 year period since inception in 1982, through a combination of dividend distributions, which accounted for 455% of the value of each share, and an increase in the market value of each share of more than 1000%. Kapoor pointed out that Investcorp's shareholders have achieved a fifteen-fold increase in value on their shares over the past 25 years. Investcorp, which currently has in excess of USD 9 billion of client assets under management, in addition to a further USD of 4 billion of proprietary co-investments in alternative investment products from its own balance sheet, revealed that it has built an infrastructure to grow its assets under management to USD 20 billion in the medium-term, noting that the performance achieved over the last few years placed it in the top quartile versus other alternative investment providers worldwide.