(MENAFN) Bahrain-based Investcorp has recorded distributions of USD1.1bn to Investcorp and its clients amid the six months to Dec 2016, marking 123pct increase.
Moreover, the firm experienced a period of healthy activity on all fronts of its business in terms of investment acquisitions, performance and fundraising.
Additionally, the real estate business continued to increase both geographically, by establishing a full-fledged investment team in Europe and in terms of new products.
The company continued its track record of receiving solid profitability, with net income of USD35.6mn, which is 30 percent lower from USD50.9mn.
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