Investcorp, a key player in alternative asset management and backed by Mubadala Investment Company, has joined forces with China’s sovereign wealth fund to unveil a $1 billion fund. This initiative, dubbed the Investcorp Golden Horizon platform, aims to target high-growth companies across Saudi Arabia, other GCC nations, and China, bolstering Investcorp’s global investment footprint. With a focus on sectors like consumer, healthcare, logistics, and business services, the platform is set to attract institutional and private investors from the GCC and China, including the China Investment Corporation (CIC).

Mohammed Alardhi, Investcorp’s Executive Chairman, sees CIC’s involvement as a validation of Investcorp’s stature in the GCC, anticipating further collaboration. Established over four decades ago, Investcorp has become a prominent alternative asset manager in the region, embarking on an acquisition spree during the pandemic and continuing its portfolio expansion. The Investcorp Saudi Pre-IPO Growth Fund, a component of the $1 billion platform, has already made notable investments in the GCC, signaling promising prospects for regional businesses.