Investcorp news and archive

Corneliani getting 7 million euro investment from Investcorp

Italian luxury label Corneliani is getting a 7 million euro investment from Investcorp. The company, which was hard hit by the COVID-19 pandemic, has now been thrown a lifeline by the Bahrain-based investment fund, which is creating NewCo, to invest in the label. The news was reported by WWD. Investcorp will be forming the new company and making...

Member

Business

Investcorp takes majority stake in Corneliani

London - Investcorp has acquired a majority stake in luxury menswear brand Corneliani. The Bahrain-based investment fund has come to an agreement with the family-owned Italian brand which is valued at approximately 100 million US dollars. As part of the agreement, certain members of the Corneliani family will remain in the board as shareholders...

Design

Rumors concerning Roberto Cavalli potential majority stake sale continue to circulate

After discussions concerning a potential majority stake salebetween private equity firm Permira and Italian designer Roberto Cavalli came to an abrupt halt last month, new rumors have been circulating concerning a number of potential investors. Last week Reuters reported that investment firm Investcorp had been approached as a possible buyer for...

Design

Investcorp on the lookout for Italian luxury brands

Bahrain's private equity firm Investcorp is said to be looking for attractive opportunities to invest in Italian luxury and retail brands. Hazem Ben-Gacem, head of corporate investments, Europe, said in declarations to Reuters that Investcorp is seeking Italian brands that want to expand internationally. “We have spent a lot of time talking to...

Fashion

Investcorp acquires Georg Jensen

Scandinavia’s leading luxury retailer Georg Jensen has been sold to alternative investment house, Investcorp for 140 million Dollars by private equity group Axcel Capital Partners. Following the acquisition, Investcorp has teamed up with David Chu, the luxury brand entrepreneur and founder of Nautica, who will join the company on closing as...