Investcorp

What Investcorp does

Investcorp Holdings B.S.C. (c) is a Bahrain-domiciled, privately held global alternative investment manager founded in 1982 by Nemir A. Kirdar, now led by Executive Chairman Mohammed Alardhi. The firm manages $62 billion in assets as of December 31, 2025 across four core strategies — Private Equity, Real Assets, Credit Management, and Liquid Strategies — plus a Strategic Capital (GP-staking) franchise, deploying capital from 14 offices and approximately 500 professionals spanning 40 nationalities. AUM grew from roughly $10 billion in 2015 to over $60 billion by 2025 through a combination of organic growth and acquisitions including CrossCountry Consulting, Marble Point Credit Management, Eficode, Stowe Family Law, and most recently Smart Managed Solutions and Metra.

The platform serves institutional investors (pension funds, sovereign wealth funds, insurance companies, endowments, family offices), ultra-high-net-worth individuals, and — through the Investcorp Wealth App launched in 2024 and the Stake distribution partnership in Saudi Arabia — high-net-worth and retail-eligible investors. GP-staking products under Investcorp Strategic Capital Partners II provide long-term minority capital to mid-market alternative asset managers managing $1B-$10B in AUM, with combined Partner GP AUM exceeding $105 billion.

Revenue is generated through a layered model: recurring management fees on $62B AUM across all four strategies and third-party managed assets, performance fees and carried interest on realizations, balance-sheet co-investment returns (Investcorp Capital H1 FY26 co-investment revenue up 47% YoY to $25M; asset portfolio of $1.96B), and income from proprietary investments in portfolio companies and funds. Distribution is delivered via direct institutional sales in 14 offices, the digital Investcorp Wealth app, and channel partnerships in Saudi Arabia. Technology is anchored by the firm-wide AI Investment Framework, the Octus Intelligence-powered credit analytics platform, and a proprietary Climate Risk Tool for diligence, with portfolio company-level software investments (Zift Solutions, Eficode, NetRom, Unifyr) supporting the operating businesses.

Name

Investcorp

Legal name

Investcorp Holdings B.S.C. (c)

Website

http://www.investcorp.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

251–500 employees

Short description

Investcorp is a Bahrain-domiciled global alternative investment manager founded in 1982, managing $62 billion in AUM across Private Equity, Real Assets, Credit Management, Liquid Strategies, and GP Staking, serving institutional, UHNW, and HNW clients through 14 offices worldwide.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282)

akta.pro primary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), International/Ex-U.S. Developed Equity (Active) (FSAAAIAE)

Keywords

• Alternative asset management
• Private equity investing
• Real assets management
• Credit management services
• Liquid strategies funds

Headquarters

HQ city

Manama

HQ country

Bahrain

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Asset Management Fees: Recurring management fees on $62 billion AUM (as of Dec 31, 2025) across Private Equity, Real Assets, Credit Management, Liquid Strategies and Strategic Capital, including assets managed by third-party managers and assets subject to non-discretionary advisory mandates where fees are calculated on the basis of AUM.
2. Performance / Co-investment Returns: Performance fees, carried interest and balance-sheet co-investment returns from private equity, real estate, infrastructure, credit and GP-staking investments. Investcorp Capital H1 FY26 reported co-investment revenue of $25M (up 47% YoY).
3. Investment Income / Realized Gains: Income and capital gains from proprietary balance-sheet investments in portfolio companies and funds, complemented by $1.96B asset portfolio at Investcorp Capital (H1 FY26).
4. Digital Wealth Platform Revenue: Digital access for individual investors to private market opportunities through the Investcorp Wealth App and via Stake partnership in Saudi Arabia; institutional fees plus participation returns.
5. CLO and Loan Fund Management Fees: Fees from managing the Harvest and Jamestown CLO series, leveraged/unleveraged loan funds, and the Investcorp Credit Management BDC (ICMB), with $22B+ AUM in senior secured corporate credit and private debt.
6. Liquid Strategies / Absolute Return and Insurance Solutions: Management fees from Absolute Return Investments (~$6B AUM, joint venture I-Tages with Tages Group) and Insurance Solutions (~$3.7B AUM managing general account assets of Ibexis Life & Annuity).
7. GP Staking Strategic Capital: Capital invested in minority stakes of mid-market alternative asset managers ($1B–$10B AUM range); returns from capital appreciation, dividends, and operational uplift on Partner GP investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

Investcorp is a global alternative investment manager specializing in four core asset classes: Private Equity, Real Assets, Credit Management, and Liquid Strategies, with $62 billion in AUM as of December 31, 2025. The firm serves institutional and high-net-worth clients through tailored alternative investment products, supplemented by a Strategic Capital (GP staking) business and a digital wealth channel via the Investcorp Wealth App. It invests across North America, Europe, MENA, India, and Asia, with 14 global offices and approximately 500 employees from 40 nationalities.

Product overview

Investcorp operates a platform of alternative investment strategies (rather than a single unified product) organized around four core pillars — Private Equity, Real Assets, Credit Management, and Liquid Strategies (Absolute Return Investments and Insurance Solutions) — supplemented by the Strategic Capital (GP Staking) strategy. Distribution is delivered through the Investcorp Wealth mobile app for individual and qualified investors, the Stake digital real estate platform partnership, and the Smart Managed Solutions / Metra portfolio offerings, with an AI Investment Framework applied firm-wide across research, diligence, committee processes, and portfolio monitoring.

Differentiator

Problem solved

Functional benefit

Brands

• Investcorp Capital plc: ADGM-registered entity listed on the Abu Dhabi Securities Exchange; publicly traded subsidiary.
• Investcorp Wealth
• Investcorp Corsair Infrastructure Partners (ICIP)
• Aberdeen Investcorp Infrastructure Partners (AIIP)
• Investcorp Strategic Capital Group (ISCG)
• Investcorp Technology Partners (ITP)
• Investcorp Credit Management (ICM)

Products and services

• Private Equity
• Real Assets
• Credit Management
• Liquid Strategies
• Strategic Capital (GP Staking)
• Investcorp Wealth App
• Investcorp Insurance Solutions
• Absolute Return Investments (I-Tages)

Quantifiable outcome

• $62 billion AUM as of December 31, 2025
• +7 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability7 records

Feature5 records

Partnerships

35 partnerships are on record, tiered flagship, core and minor.

• Smart Managed SolutionsflagshipStrategic or Co-development Partner · 22 June 2026Investcorp signed a definitive agreement to acquire a majority stake in Smart Managed Solutions (London-based mechanical and electrical facilities management provider founded 2017). Deal valued at $200M+ per Bloomberg; over £100M revenue and 30%+ annual organic growth.
• MetraflagshipStrategic or Co-development Partner · 17 June 2026Investcorp acquired a strategic stake in Metra, a leading value-added IT distributor headquartered in the UAE (founded 1982, third-generation family business). In 2025, Metra crossed $1B in sales with ~70% from GCC; partners include Cisco, Dell, HP, and Lenovo; ~40 global IT brand partnerships. Fourth investment from Investcorp Saudi Pre-IPO Growth Fund.
• US Industrial Portfolio (Dallas-Fort Worth, Chicago, Indianapolis, Cincinnati)flagshipStrategic or Co-development Partner · 20 May 2026Investcorp acquired a diversified U.S. industrial portfolio valued at more than USD 200 million, comprising 19 properties spanning approximately 1.4 million square feet, ~97% occupied, across logistics, wholesale distribution, and industrial services sectors.
• FassetcoreStrategic or Co-development Partner · 14 May 2026Investcorp participated in Fasset's $51M Series B funding round (May 2026), alongside SBI Group and Arz Portföy. Fasset is a Dubai/LA-headquartered stablecoin neobank serving 125 countries with $32B annualized transaction volume and 2M+ users.
• US Senior Living / Multifamily PortfolioflagshipStrategic or Co-development Partner · 23 April 2026Investcorp acquired a diversified $200M portfolio of three residential assets in top-tier US markets (148-unit senior living in Orange County, CA; 199-unit multifamily in Bloomfield, NJ; 116-unit senior living on Long Island, NY) averaging 94% occupancy; plans to invest over $1B in senior living.
• NDR InvIT TrustcoreStrategic or Co-development Partner · 18 March 2026Investcorp-backed NDR InvIT Trust (India warehousing infrastructure investment trust) acquiring operational warehousing assets including Pune (Rs 203 crore), Kochi and Coimbatore (Rs 260 crore combined), Lucknow (Rs 143.9 crore); portfolio now ~22.96 million sq ft across 18 Indian cities.
• InsuranceDekhominorStrategic or Co-development Partner · 13 February 2026Existing investor in InsuranceDekho (Gurugram-based insurtech); company has raised $358M from investors including TVS Capital Funds, Investcorp, and BNP Paribas Cardif and is planning a $250M IPO in 2026.
• Octus IntelligencecoreTechnology or Integration · 12 February 2026Investcorp Credit Management implemented Octus Intelligence's advanced analytics platform to enhance credit selection and portfolio management across $21B+ AUM, including centralized data management, covenants analysis, and real-time portfolio monitoring.
• SNB CapitalflagshipStrategic or Co-development Partner · 8 February 2026Strategic partnership framework for cooperation across asset management, investment banking, and wealth management, focused on originating and capitalizing on investment opportunities in Saudi Arabia and internationally (Private Equity and Real Assets). Combines Investcorp's global alternative platform with SNB Capital's local market expertise as the largest Sharia-compliant asset manager globally (SAR 246B / USD 65B AUM).
• StakecoreChannel Partner/ Reseller/ Distributor · 28 January 2026Distribution agreement with Stake, the MENA region's leading digital real-estate investment platform, to provide individual investors with access to select international real estate opportunities via the Stake digital application. All offerings are structured under the CMA regulatory framework in Saudi Arabia; first US-based offering attracted thousands of investors with a second tranche now live.
• UnifyrcoreStrategic or Co-development Partner · 15 January 2026Investcorp led a $20M strategic growth investment in Unifyr (Cary, NC-based AI-powered partner relationship management platform) through Investcorp Technology Partners Fund V to accelerate international expansion and AI-driven analytics.
• Bit2MeminorStrategic or Co-development Partner · 14 January 2026Investcorp participated in Bit2Me's €30M funding round alongside Tether, Telefónica, and Inveready. Bit2Me is a Spanish cryptocurrency exchange approved under the EU's MiCA framework.
• Guardian Fire ServicesflagshipStrategic or Co-development Partner · 3 December 2025Investcorp acquired Guardian Fire Services (Nashville, TN-based fire and life safety services provider operating 17 branches across US Southeast, Northeast, and Western regions) from Northern Lakes Capital. First investment from North American Private Equity Fund II; management retained meaningful equity stake.
• Kanawha Scales & SystemscoreStrategic or Co-development Partner · 24 November 2025Investcorp acquired Kanawha Scales & Systems (calibration services company) from American Equipment Solutions in November 2025, with plans for transformational add-ons.
• US Midwest Industrial PortfolioflagshipStrategic or Co-development Partner · 29 September 2025Investcorp completed a $365 million liquidation of a Midwest U.S. industrial real estate portfolio including assets in Chicago, Cleveland, Cincinnati, and Columbus, totaling around 3.5 million square feet.
• RESA PowerflagshipStrategic or Co-development Partner · 29 April 2025Kohlberg acquired majority stake in RESA Power from Investcorp (April 2025) in a transition of ownership. Investcorp's 3.5-year hold transformed RESA from 5th-largest to market leader (200 to 800+ employees, 21 to 45 branches including Canada at 20% of revenue); Investcorp exit delivered >5x return.
• PKF O'Connor Davies (PKFOD)coreStrategic or Co-development Partner · 18 November 2024Strategic growth investment from Investcorp and PSP Investments in PKF O'Connor Davies (originally Investcorp's 2021 investment); expanding services, M&A activity, and technological advancement for one of the leading US accounting and advisory platforms.
• Ownership WorkscoreStrategic or Co-development Partner · 3 November 2024ISCG partnered with Ownership Works, a nonprofit dedicated to expanding employee ownership in the private sector, as the first GP-staking partner. The collaboration provides frameworks and implementation support to help PE GPs embed shared ownership programs across their portfolios.
• Stowe Family LawflagshipStrategic or Co-development Partner · 25 September 2024Investcorp acquired control of Stowe Family Law (the UK's largest specialist family law firm, founded 1982) from Livingbridge in September 2024. Plan to expand client base to 10,000+ within five years (Stowe 3.0 strategy) using technology and AI; operating from 90 offices with 170+ family lawyers supporting 5,000 mass-affluent clients a year.
• Best in Class Technology Services (BCTS)coreStrategic or Co-development Partner · 9 January 2024Investcorp acquired BCTS from Dunes Point Capital in January 2024; BCTS provides aftermarket HVAC maintenance and services the fragmented $30 billion US market through 13 locations serving industrials and education sectors.
• Saïd Business School, University of OxfordcoreStrategic or Co-development Partner · 1 December 2023Global research partnership launched during COP28 to generate new insights into consumer attitudes towards climate change. Co-published 'From Green Hearts to Green Carts: Bridging the Say-Do Gap for Climate Conscious Consumption' (COP28) and 'From Climate Attitudes to Action' (Feb 2025, with University of Hamburg).
• SEC NewgatecoreStrategic or Co-development Partner · 4 July 2023Investcorp invested approximately $100 million for a majority stake in SEC Newgate (Italian communications agency), valuing the company at over €250 million; supports expansion in EMEA and APAC through organic growth and acquisitions.
• Shearer SupplycoreStrategic or Co-development Partner · 12 April 2023Investcorp acquired a majority stake in Shearer Supply, a prominent HVAC distributor in the southern US, in April 2023.
• NetRom SoftwarecoreStrategic or Co-development Partner · 16 February 2023Investcorp Technology Partners V LP (managed by Investcorp Holdings B.S.C.) acquired a majority stake in NetRom Software B.V., a cloud-first software engineering firm based in Utrecht, Netherlands. Founders and management team retained shareholders; investment supports expansion in Europe and North America.
• Zift SolutionscoreStrategic or Co-development Partner · 23 January 2023Investcorp Technology Partners acquired majority stake in Zift Solutions (PRM and through-channel marketing automation software provider) for $70M+ to accelerate growth and international expansion.
• EficodecoreStrategic or Co-development Partner · 20 December 2022Strategic investment making Investcorp the majority shareholder in Eficode, a leading DevOps consultancy, to accelerate its global growth and expand DevOps services. Eficode began setting Science-Based Targets initiative (SBTi) emissions goals in 2025.
• Marble Point Credit ManagementflagshipStrategic or Co-development Partner · 2 December 2022Investcorp acquired Marble Point Credit Management LLC (US-based CLO manager) in late 2022/early 2023, bringing total AUM to $50 billion and creating a global credit platform managing $22 billion.
• Sunrise ProduceminorStrategic or Co-development Partner · 4 October 2022Investcorp acquired a majority stake in Sunrise Produce, a California-based wholesale produce distributor, to support growth and expansion efforts.
• NourNetcoreStrategic or Co-development Partner · 3 October 2022Investcorp acquired a majority stake in NourNet (Nour Internet for Communication and Information Technology Company), one of Saudi Arabia's largest pure-play providers of connectivity and ICT services including cloud, cybersecurity, and managed services. NourNet has 450+ employees and serves 1,200+ businesses across 30 cities.
• Investcorp Saudi Pre-IPO Growth Fund LPflagshipStrategic or Co-development Partner · 3 October 2022Internal Investcorp vehicle; the Saudi Pre-IPO Growth Fund has made investments including NourNet, TruKKer, Salla, and Metra. The fund identifies and supports regionally rooted, globally connected companies ready for their next growth stage.
• XpressbeesflagshipStrategic or Co-development Partner · 1 November 2020Investcorp first invested in Xpressbees (Indian e-commerce logistics platform) during Series E in November 2020; Xpressbees achieved unicorn status in May 2026 after raising $300M Series F from Blackstone Growth, TPG Growth, and ChrysCapital at a $1B+ valuation, processing 2.5M orders daily across 2,000+ cities.
• Tages Group (I-Tages joint venture)flagshipStrategic or Co-development Partner · 1 May 2020In May 2020, Investcorp and Tages Group formed a 50/50 joint venture merging Investcorp ARI and Tages Capital to create I-Tages, with over $6 billion AUM in Absolute Return Investments.
• Corsair Capital (Investcorp Corsair Infrastructure Partners)flagshipStrategic or Co-development Partner · 1 January 2018ICIP, a partnership with Corsair Capital, specializes in infrastructure investments within the transportation and logistics sector globally. Notable investments include projects at LaGuardia and JFK airports in New York City. Investcorp Infrastructure Partners holds $5+ billion AUM.
• Aberdeen (Aberdeen Investcorp Infrastructure Partners, AIIP)flagshipStrategic or Co-development Partner · 1 January 2018Joint venture with Aberdeen focused on social and core infrastructure projects in Gulf Cooperation Council countries. Investcorp entered the infrastructure business line through this partnership. Includes first investment in Al Fadhili housing complex (Saudi Aramco employees).
• Clove DentalcoreStrategic or Co-development Partner · 1 January 2017Indian dental care chain Investcorp backed; raised $215M+ (Rs 1,700 crore) total funding, FY26 revenue ~Rs 450 crore, operating ~715 clinics across 26 cities.

Scale indicators19 records

Recent moves18 records

Expansion highlights6 records

Direct peers

• Partners Group: Switzerland-listed global alternative asset manager with ~$150B AUM spanning private equity, private debt, real estate, and infrastructure for institutional and HNW clients. Closest publicly listed mid-market alt manager comparable to Investcorp in scale, client mix, and diversified platform strategy.
• Ares Management: US-listed alt manager with ~$450B AUM across credit, private equity, real estate, and secondary solutions. Highly comparable credit-led platform with similar mid-market focus and growing GP-staking exposure via the Aspen Insurance and other strategic capital investments.
• StepStone Group: US-listed private markets investment and advisory firm with ~$170B AUM focused on customized multi-asset class solutions. Comparable as a diversified alts platform emphasizing co-investments and secondaries for institutional clients.
• Carlyle Group: US-listed global investment firm with ~$440B AUM across private equity, credit, and real assets. Comparable mid-market private equity focus and similar diversification strategy across alternative asset classes globally.
• Petershill Partners: London-listed GP-staking and minority-stake vehicle managed by Goldman Sachs Asset Management. Directly comparable to Investcorp Strategic Capital Group's strategy of acquiring minority stakes in mid-market alternative asset managers.

Emerging players

• Bridge Investment Group: US-listed real estate-focused alternative asset manager with ~$50B AUM. Comparable in US real estate strategy emphasis, particularly residential, senior living, and industrial sectors where Investcorp is a top-5 cross-border buyer.
• Blue Owl Capital: US-listed alternative asset manager with ~$200B AUM across GP staking, private credit, and real estate. Highly relevant as both a competitor in GP staking (Dyal Capital) and as a comparable newer diversified alt manager with HNW distribution focus (Owl Rock).

Broad incumbents

• Blackstone: Largest global alternative asset manager with ~$1.1T AUM across PE, real estate, credit, and hedge fund solutions. Relevant as the dominant incumbent across all four Investcorp asset classes; relevant competitive context but substantially larger scale.
• Brookfield Asset Management: Global alternative asset manager with ~$1T AUM concentrated in real assets (real estate, infrastructure, renewable power). Comparable as a leading real-assets platform but at significantly larger scale.

Regional players

• GFH Financial Group: Bahrain-headquartered GCC financial group with asset management, investment banking, and commercial banking across MENA. Comparable as a Bahrain-domiciled alternative investment and private equity firm serving Gulf clients, though much smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Investcorp
• YouTubeyoutube.com/channel/UCyyXRFacgErKoYM7syRkXZQ
• LinkedInlinkedin.com/company/investcorp
• Instagraminstagram.com/investcorp/?hl=en

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries30 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A85 records

Investments95 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Investcorp