Investcorp plans major ramp up of India assets to $5b in medium term, says co-CEO

Investcorp plans major ramp up of India assets to $5b in medium term, says co-CEO

Investcorp executive chairman Mohammed Alardhi (left) and co-chief executive Rishi Kapoor/Mint

Editor’s note: This story, originally published on Nov. 7, has been updated to include the company’s comments.

Alternative assets manager Investcorp is planning to increase its exposure to India in the next five years, its co-CEO Rishi Kapoor told DealStreetAsia.

The firm currently manages just over $600 million in India, which is a mere 1.5% of its $42.7 billion worth of global assets. Investcorp expects to have assets worth $5 billion in the country over the medium term, Kapoor said.

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