11.11.2016 - Investcorp plans talks with Abu Dhabi's ADIA
Investcorp expects to reach its target of $25 billion for assets under management (AUM) next year, by which time it will have a strategy formulated to take the measure to $100 billion, chairman Mohammed al-Ardhi said. The investment firm is also planning to approach Abu Dhabi Investment Authority (ADIA), in a bid to broaden its investor base. In July this year, Abu Dhabi state investment fund Mubadala agreed to acquire a 20 percent stake in Investcorp at an undisclosed value.............................................Full Article: Source
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