Investcorp readies for deluge of Gulf infrastructure deals

Investcorp, a leading asset manager in the Gulf, is gearing up for a surge of infrastructure investments due to governments seeking new financing methods to reduce dependency on the Strait of Hormuz. Gulf states are open to collaborating with investment funds to fund new projects, aiming to conserve resources, according to Investcorp's Chief Investment Officer Rishi Kapoor, quoted by Semafor.

Private investment firms have become more active in the Gulf region in recent years as governments and state-owned entities attempt to raise capital by selling stakes in oil pipelines and other assets that have been state-owned for decades. The scale of new infrastructure development required following the Iran conflict will likely expand the role of private investors in the region.

Kapoor highlighted that one promising investment theme in the Gulf will be the emphasis on enhancing the resilience of essential infrastructure. The asset manager has several pending acquisitions of Gulf infrastructure assets and is considering raising a new infrastructure fund within the next two years to further expand its deal-making capabilities.