Investcorp on track to nearly double assets to $50bn in three years, executive says

Investcorp, the Bahrain-based firm which counts Mubadala Investment Company as its biggest shareholder, is on track to double its assets under management to around $50 billion in three years through acquisitions and growing its existing portfolio, it co-chief executive said. The Manama-listed company is launching new businesses, including a $1bn…