Home Alternative Investments Investcorp announces 60 per cent increase in ordinary share dividend

Investcorp announces 60 per cent increase in ordinary share dividend

by Jonathan Adams

Strong results across all its core business operations comprising new investment acquisitions, realizations and fundraising, and a resulting growing cushion of surplus capital and liquidity, has enabled Investcorp to increase ordinary shareholder dividends to 24 cents per share, from 15 cents per share last year.

Over the period, the firm saw near record levels of activity across the business, driven by a series of significant transactions and solid fundraising activity in the US and the Gulf including $810 million (£622.14 million) in AuM acquired through the acquisition of SSARIS Advisors’ Hedge Fund of Funds business in November 2015.

This continued fundraising momentum underlines the strong appetite of the Firm’s clients for attractive diversified alternative investment opportunities. The Firm’s investment in broadening its Gulf office network to be closer to its investors has been a key driving factor of its performance and has helped the Firm in becoming one of the most active private investment institutions in the GCC.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Related News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Know more