Investcorp has made an entry into the global infrastructure investment asset class with its acquisition of a 50 percent stake in Corsair Capital‘s infrastructure business.
The deal was consummated through the establishment of Investcorp Corsair Infrastructure Partners, a new entity jointly owned by Investcorp and Corsair that comprises the infrastructure business’ existing funds, investments and team, and which will continue to pursue an investment strategy in transportation, logistics and associated infrastructure subsectors. Investcorp Corsair will capitalize on the strong and growing demand for infrastructure assets around the world, and on the private markets experience of both Corsair and Investcorp.
“This investment enhances our strategic capabilities in the global infrastructure sector,” comments Mohammed Alardhi, executive chairman of Investcorp. “We recognize Investcorp Corsair’s potential as a driving force for economic growth. Our new partnership with Corsair also underscores our dedication to delivering value to our stakeholders and advancing Investcorp’s long-range plan.”