Global investor Investcorp, which manages $50 billion in assets, is ready to increase investment activity in India, as it "stands out" from other markets, executive chairman Mohammed Mahfoodh Alardhi said. Currently, less than 2% of its global assets under management is in India.
"The idea is to take it to 5% of the global assets or $5 billion in the next five years," Alardhi said in an interview. The firm has invested $800 million in India. Its portfolio firms include Wingreens, Xpressbees, Wakefit, and FreshToHome, among others. Of this, nearly $200 million is in, what the firm calls, "real assets investing".
Broadly, Investcorp follows real estate investments for themes under this strategy, and has been bullish on warehousing and edu-infra sectors.
Bu hikaye Mint Mumbai dergisinin November 03, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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