Investcorp beats 2026 asset and fund-raising targets despite war disruption

Investcorp, a Bahrain-based alternative asset manager, has exceeded both its fund-raising and assets under management targets in the 2026 financial year, despite ongoing war disruptions in the Gulf region. According to Rishi Kapoor, Investcorp's chief investment officer and vice chairman, the company raised "north of $7 billion" in financing during the fiscal year ended June 30, with a significant portion coming from investors outside the region.

Kapoor stated that the company anticipates raising a similar amount of funding in the current fiscal year, despite uncertainties caused by the ongoing war. Despite its deep roots in the Gulf region, Investcorp positions itself as a global firm, with 90% of its investing activity occurring between the US and Europe, and more than three-quarters of its fund-raising activity taking place outside the Gulf.

The company's assets under management reached $64 billion by the end of June, slightly surpassing its $63 billion target. However, the growth in the company's asset base for the 2027 fiscal year remains uncertain, as it depends on exits and calls, which are episodic in nature. Kapoor remains confident that the company will achieve its goal of reaching $100 billion in assets under management.

Despite the war-driven volatility, the Gulf region continues to attract investment and fund-raising activity, according to Kapoor. This stability is attributed to the region's ongoing infrastructure expansion and government efforts to enhance economic diversification, making it an attractive destination for private capital.