Tuesday, 02 January 2024 12:17 GMT

Investcorp Sponsors New Entrepreneurship Center At AUBH To Empower Bahrain's Next Generation Of Innovators


(MENAFN- Mid-East Info) Investcorp, a leading global alternative investment firm, has partnered with the American University of Bahrain (AUBH) to sponsor a new 'Investcorp Innovation Lab', aimed at boosting innovation and advancing Bahrain's entrepreneurial ecosystem.


This five-year partnership marks a major step in Investcorp's commitment to empowering young talent across the Kingdom. Through this initiative, Investcorp will fund and support the establishment of the Investcorp Innovation Lab on the AUBH campus featuring modern workspaces, mentorship programs, and training facilities designed to help students, researchers, entrepreneurs, and industry turn ideas into impactful, market-ready ventures.

With a bold vision to be the leading hub for innovation and entrepreneurship in Bahrain and the region, the Investcorp Innovation Lab is a cornerstone of AUBH's strategic plan, prioritizing the development of entrepreneurial skills vital for successful career paths and economic growth. With its mission to“provide knowledge, mentorship, and market access to equip innovators with the tools to succeed” the Lab's holistic approach supports ideation, venture creation, and real-world application across a diverse set of stakeholders.

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This collaboration reflects Investcorp's long-standing dedication to fostering innovation, developing future leaders, and contributing to the Kingdom's long-term economic resilience.

Mr. Yusef Al Yusef, Global Head of Distribution at Investcorp, commented,“We are pleased to be partnering with the American University of Bahrain to support the next generation, advancing entrepreneurship and innovation in the Kingdom. Our investment in the development and equipping of the Innovation Lab aligns with our commitment to empowering students and emerging entrepreneurs.”

Mr. Al Yusef added,“This is a valuable opportunity to contribute to the community by providing the resources and opportunities students need to transform their ideas into successful ventures. We look forward to supporting the development of the next generation of innovators in Bahrain and hope this initiative will strengthen the Kingdom's entrepreneurship ecosystem, foster local economic growth, and create new job opportunities. We are excited to witness the positive impact of this collaboration and are proud to be part of this remarkable journey.”

William D. Hurt, AUBH's Chief Operating Officer, described the agreement with Investcorp as a significant milestone in fostering entrepreneurship and innovation. He stated,“This partnership represents a powerful alignment of vision and values. Together, we are building a platform through the Investcorp Innovation Lab that will empower innovators to transform their ideas into impactful ventures that shape the future of Bahrain and the wider region.”

About Investcorp:

Investcorp is a global investment manager specializing in alternative investments across four asset classes: Private Equity (Mid-Market Buyouts, Growth Investments, and GP Staking), Real Assets (Infrastructure and Real Estate), Credit (CLOs, Broadly Syndicated Loans & Structured Credit, and Middle-Market Direct Lending), and Liquid Strategies (Absolute Return Investments and Insurance Asset Management).

Since our inception in 1982, we have focused on generating attractive returns for our clients and seeking to create long-term value in our portfolio companies by adopting a disciplined investment process, employing talented professionals, and utilizing the resources of a global institution with an innovative approach.

We invest capital in our products and strategies, aligning interests with our clients and other stakeholders. We pursue sustainable value creation through our investments and in the communities in which we operate and take pride in partnering with clients to deliver tailored solutions for their needs.

Today, Investcorp manages approximately $55 billion in assets, including assets managed by third party managers. Investcorp has 14 offices in the US, Europe, GCC and Asia, including, India, China, Japan and Singapore and employs approximately 500 people from 50 nationalities globally.

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