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FINANCIAL NEWS
Bahrain’s Investcorp looking to invest in Italy’s luxury brands
30 Jan 2013
(MENAFN) Bahrain’s private equity firm Investcorp is eyeing investments in Italian luxury and retail brands, Reuters reported.
Hazem Ben-Gacem, head of corporate investments, Europe, said that Investcorp is seeking Italian brands that want to expand internationally.
Economic uncertainty impacted purchases of European brands at their home markets. That prompted firms such as Prada and Versace to look for outside investors.
In November, Investcorp acquired Danish luxury retailer Georg Jensen for USD140 million from Axcel Capital Partners.
Earlier this month, the firm said it would announce a new deal in early February, adding that it would be an international company.
Investcorp, which has stakes in French group PPR’s Gucci unit and US group Tiffany & Co, had USD11.5 billion in assets under management as of June 30.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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