Investcorp launches $1B Real Estate Credit Fund

Sep 23 2008 | 2:00am ET

Global alternative investment firm Investcorp has launched the Investcorp Real Estate Credit Fund, a US$1 billion investment vehicle. The fund acquires whole loans, mezzanine loans, and commercial mortgage-backed securities collateralized by commercial and residential real estate assets throughout the U.S.

A sovereign wealth fund from the Gulf region has committed US$850 million to the vehicle, and Investcorp has committed a further US$150 million. 

Mazin Al Khatib, managing director at Investcorp, said the firm sees “strong opportunities for strong returns throughout the U.S. real estate lending markets.”

Investcorp currently manages more than $17 billion in private equity, hedge funds, real estate and technology investments. It is publicly traded on the Bahrain Stock Exchange and the London Stock Exchange.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...