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

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...