Investcorp Launches a USD 1 billion Platform, To Be Anchored by China Investment Corporation, to Invest in the GCC and China

Investcorp Launches a USD 1 billion Platform, To Be Anchored by China Investment Corporation, to Invest in the GCC and China

Investcorp, a leading global alternative investment firm, and China Investment Corporation (CIC), one of the world’s largest sovereign wealth funds, have today announced the launch of “Investcorp Golden Horizon” to invest in high-growth companies across Saudi Arabia, the rest of the countries of the Gulf Cooperation Council (GCC) and China (Platform). The Platform has a target size of USD 1 billion and will be anchored by reputable institutional and private investors from the GCC, as well as CIC. Target companies are expected to have high growth potential in attractive sectors, including consumer, healthcare, logistics and business services. The Investcorp Saudi Pre-IPO Growth Fund, which is part of the Platform, has already announced three investments in the GCC.This anchor commitment from CIC to the Platform comes at a time when the GCC’s appeal to institutional investors is gathering pace, thanks to its stable regulatory environment and its pro-business policies, including its economic diversification drive and strategic privatisation mandates.Investcorp’s Executive Chairman, Mohammed Alardhi, said: “This commitment by CIC, one of the world’s largest sovereign wealth funds, is a testament to Investcorp’s unparalleled franchise in the GCC and reinforces the trust placed in the firm’s global platform and teams. We are looking forward