Investcorp, the Bahrain-based investment house, on Thursday announced its first-ever loss for the first half of the financial year and said that it had decided to raise capital via an issue of preference shares.
The group, which was founded in 1982, is one of few private sector Arab institutions to have an international profile, with interests in Europe, the US and the Middle East in private equity, technology, real estate and hedge funds. It has offices in New York, London and Bahrain and is listed on the Manama and London stock exchanges.
It has generated profits and paid out dividends every year since its inception.
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