Investcorp, a leading global provider and manager of alternative investment products, and Aberdeen Standard Investments (ASI), a leading global asset manager, part of Standard Life Aberdeen plc today announced the launch of their joint venture that will invest in social and core infrastructure projects in GCC countries.
The joint venture will benefit from ASI’s strong track-record of investing in 120 social infrastructure projects over the past 20 years and Investcorp’s extensive private equity expertise and market reach in the Gulf.
The joint venture will actively target greenfield and brownfield social and core essential infrastructure assets in sectors including healthcare, education, utilities, social housing, smart cities, roads and rail.