Bahrain Investors - VC, Private Equity and Real Estate

Bahrian-based investment firm Investcorp announced its three most recent equity investments in the US real estate market, which brings its real estate investments this year to $300 million.

Investcorp has just closed on its purchase of the seven-story Park Tower office complex in Long Beach, California for an undisclosed price. It follows Investcorp's $37 million acquisition of the Bethesda Health City building in Boynton Beach, Florida and of the Ashford, a 221 unit garden and townhouse community composed of 15 residential buildings located in Atlanta, Georgia.

Investcorp is listed in the Middle East Investors Directory with the code OR30.

More details follows

Orion Partners, a Hong Kong-based alternative asset management firm announced that it has entered into a partnership with Bahrain Middle East Bank, a Gulf-based investment bank, to act as its sponsor for its new China-focused private equity fund.

The fund aims to target investors from the Gulf Cooperation Council countries. According to the firm, less than 12% of GCC foreign assets are in Asia, and even lesser in China.

Bahrain Middle East Bank is listed in the Middle East Investors Directory with the code BFD58.

More details follows

Investcorp, the Bahrain-based asset management firm specializing in alternative investments, announced that it has acquired Sur La Table, a US kitchenware retailer.

Sur La Table has 86 stores across the United States and has its headquarters in Seattle, WA.

Investcorp is listed in the Middle East Investors Directory with the code OR30.

More details follows from their release

G Capital, a Dubai based company and a subsidiary of Gulf Finance House (GFH), has acquired Adabank in Turkey for $75 million.

Adabank is a Turkish Bank headquartered in Istanbul and placed for sale by the Savings Deposit Insurance Fund (TMSF). The sale was done in partnership with Gürmen Group.

Gulf Finance House is listed in the Middle East Investors Directory with the code OR27.

More details follows:

Continue reading "Gulf Finance House subsidiary acquired Turkish bank for $75 million" »

Bahrain-based investment firm, Investcorp, has announced that it has acquired Residence Inn Manhattan Beach, a Marriott hotel in Los Angeles for $40 million.

They had recently announced acquiring Coral Palm Plaza, a shopping center located in Coral Springs, Florida, in their third recent real estate investment in the US with a total value of $120 million.

Investcorp is listed in the Middle East Investors Directory with the code OR30.

More details follows:

Continue reading "Bahrain investment firm acquired Los Angeles hotel for $40 million" »