Financial Results
Hedge Funds & Alternative Investments
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Investcorp annual net profit up 5%, cuts private equity co-investments
Bahrain-based Investcorp said on Wednesday its net profit rose 5% in its latest financial year, helped by higher fee income, but the asset manager cut private equity co-investments by almost a fifth to reduce risk on its balance sheet. The move was aimed at allowing the firm to navigate the…
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Click here to read the full story: Reuters