Investcorp, CIC Unveil $1 Billion Platform
The Platform will draw support from institutional and private investors in the GCC.
Investcorp, a Bahrain-based alternative investment firm, and China Investment Corporation (CIC) have launched Investcorp Golden Horizon to invest in high-growth companies across Saudi Arabia, the rest of the GCC, and China.[1]
With a targeted size of $1 billion, the Platform will draw support from institutional and private investors in the GCC, alongside CIC. It will focus on identifying promising companies in key sectors such as consumer goods, healthcare, logistics, and business services, poised for substantial growth.
The Investcorp Saudi Pre-IPO Growth Fund, a component of the Platform, has already disclosed three investments within the GCC region.
The announcement of the Platform's launch took place during the Investcorp China-GCC Investment and Business Cooperation Summit in Riyadh