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Thursday, April 25, 2024 20:12 GMT
Investcorp has reaffirmed its global growth strategy during the ordinary general meeting of shareholders held virtually. The meeting, chaired by Investcorp’s Board Chairman, Dr. Yousef Al-Ebraheem, discussed and approved Investcorp’s business and financial performance for the fiscal year ended June 30, 2020 and shareholders voted in favor of all matters put forth.“The progress we have delivered on the global growth and diversification strategy we launched in 2015, helped to offset macroeconomic headwinds,” Executive Chairman Mohammed Alardhi said. “We believe that we are well-positioned to achieve our objectives of enhancing value for all of Investcorp’s stakeholders with our increasingly diverse, global platform, world-class team and record US$32.2 billion of assets under management.”