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Bahrain's Investcorp Sets Up $1 Bln Fund with China's CIC

Alternative investment company Investcorp has launched a $1 billion fund backed by China's sovereign wealth fund CIC to invest in companies across Saudi Arabia, the wider Gulf region and China, it said in a statement on Wednesday. The platform, which will also be anchored by institutional and private investors from the Gulf region, will target "high-growth companies" in sectors such as consumer, healthcare, logistics and business services. Bahrain-based Investcorp said CIC's commitment "comes at a time when the GCC's appeal to institutional investors is gathering pace.” ....

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Investcorp launches $1bn fund to invest in GCC and China

Investcorp launches $1bn fund to invest in GCC and China
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