Investcorp sets up infrastructure investment platform in North America

Investcorp, the Bahrain-based, global alternative investment firm, has announced the launch of a private infrastructure investment business in North America.

The new platform in North America will enable investments in critical infrastructure companies and projects across the region.

Michael Ryder, who was previously with OMERS, has joined Investcorp as a senior advisor to lead the infrastructure business. “I am proud to be joining the Investcorp team at this exciting time, especially as we anticipate a steady rise in infrastructure investment activity in North America during the next decade,” he said.

Mohammed Alardhi, executive chairman of Investcorp, said: “The launch of Investcorp’s North America infrastructure business builds upon our long history of success investing in private alternatives on behalf of our global client base, leveraging our strong and established experience in real estate and private equity.  Infrastructure is a critical focus area as we see increased activity to upgrade the region’s aging infrastructure.

“This initiative will expand our range of capabilities, generate additional value for our clients and stakeholders and lead us steadily forward in our growth strategy. We are deeply impressed with Michael’s extensive experience and knowledge of the infrastructure space and look forward to welcoming him to our team.”

The firm established its first infrastructure investment business in the Gulf Cooperation Council region in 2019 through a strategic joint venture with Aberdeen Standard Investments.

In other news, Investcorp recently announced that its estate business division has invested in 80 properties in the UK, Germany, the Netherlands, Italy and Belgium.

Read: Investcorp’s investments into European real estate portfolio climbs to EUR1.1bn

The company has also started raising money for a new fund aimed at taking stakes in startups developing blockchain technology. The eLydian Lion fund will be based in Abu Dhabi and plans to invest in firms operating blockchain infrastructure, platforms and exchanges, decentralised finance and data analytics, according to a statement.

Read: Mideast asset manager Investcorp seeks cash for blockchain fund