Investcorp seeks more global airport and seaport stakes
Investcorp seeks more global airport and seaport stakes
Bahrain’s Investcorp Holdings is looking at investment opportunities in airports and seaports across the world as it seeks to double the infrastructure assets in its portfolio to $10 billion by the end of the decade. Investcorp, the region’s biggest alternative investment firm, completed a 50 percent acquisition of the New York-based Corsair Capital’s infrastructure business, […]
Wants $10bn infrastructure assets
North American airports targeted
GCC assets also on wish list
Bahrain’s Investcorp Holdings is looking at investment opportunities in airports and seaports across the world as it seeks to double the infrastructure assets in its portfolio to $10 billion by the end of the decade.
Investcorp, the region’s biggest alternative investment firm, completed a 50 percent acquisition of the New York-based Corsair Capital’s infrastructure business, which includes the airport operator Vantage, in December.
Vantage controls the LaGuardia Gateway Partners consortium, which completed the $5.1 billion Terminal B refurbish at the New York City airport in 2022.
Vantage also controls the $4.6 billion redevelopment of JFK International Airport’s Terminal 6, in which Investcorp has an equity investment.
Investcorp buys 50% of Corsair’s $5bn infrastructure business
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“We take a lot of pride