Investcorp Further Expands Real Estate Portfolio with Acquisition of Five Residential Properties in Minneapolis and Boca Raton

Investcorp, a leading provider and manager of alternative investment products, today announced that its U.S.-based real estate arm, through two separate transactions, has acquired five residential properties in the metropolitan areas of Boca Raton, Florida and Minneapolis, Minnesota for approximately $220 million. The acquisitions are consistent with Investcorp's strategy to…