Investcorp, a global provider and manager of alternative investment products, has been awarded “Best private equity house in EMEA” and the “Best private equity exit in EMEA,” for the exit of UK-based food manufacturer Tyrrells.
The award, at the EMEA Finance Achievement Awards in London, caps a year in which the firm more than doubled its assets under management and made significant progress in the delivery of its strategy.
The awards ceremony recognizes excellence across global financial markets in companies active in the debt, equity, loans, M&A, private equity, structured finance, restructuring and Islamic finance markets.
Rishi Kapoor, co-chief executive officer, Investcorp, said: “We are delighted to receive these awards which highlight the excellent work our team is doing, globally. We have a long history of successes which we are proud of and we look forward to continuing to produce excellent results for our clients.”
The first six months of 2017 have seen Investcorp build on its 2016 achievements. In March, the firm announced the completion of its acquisition of the 3i Group Debt Management Business, an AuM business worth $11 billion, renaming it Investcorp Credit Management and adding a leading global credit investment platform to its client offering. Investcorp has also seen a number of significant investments in Europe including ABAX, a leading European-based telematics company; Ageras, a rapidly growing European online marketplace; Agromillora, a leading global developer of high yielding plants and trees; and Calligo, a fast growing provider of cloud solutions. The firm has also distributed $454 million to itself, co-investors and clients in 2017 following the partial exit.

Source: Arab News