Investcorp, the Middle East’s largest alternative asset manager, could look at a deal with a strategic investor or an initial public offering in the next few years, according to executive chairman Mohammed Alardhi.
“In the next few years I would not be surprised if we look for a liquidity event sometime, whether by a strategic partnership or even going to the public markets,” Alardhi said in an interview with Bloomberg Television at Davos.
The firm, which now manages about $55 billion according to Alardhi, is optimistic about the outlook for 2025 and the prospects for business in the U.S. under the Trump administration.
The firm has recently gone through a management reshuffle that involved Hazem Ben-Gacem stepping down as co-chief executive officer and Alardhi taking on more responsibilities. Rishi Kapoor, who was also co-CEO, took on a new role as vice chairman and chief investment officer.
It also announced the departure of two of its top credit executives earlier this month. Jeremy Ghose, head of the firm’s credit management unit, and Tom Shandell, who led the firm’s U.S. collateralized loan obligations and broadly syndicated loans businesses, are both retiring.