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FINANCIAL NEWS
Bahrain’s Investcorp makes a second property purchase in Texas
18 Dec 2012
(MENAFN) Bahrain-based alternative asset manager Investcorp has expanded its property assets in the US for about USD100 million, Reuters reported.
The purchase includes 1,900 residential units in Houston, Texas. Investcorp has previously bought four properties in the state earlier this year.
Last month, the company bought Danish luxury retailer Georg Jensen from private equity firm Axcel Capital Partners for USD140 million and sold truck and trailer parts distributor FleetPride to TPG for over USD1 billion.
Investcorp, which had USD11.5 billion in assets under management on June 30, raised USD250 million in October from a five-year international bond issue.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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