Investcorp offers new structured investment product

The shares have four attractive and innovative product features:

• Targeted return of 12-14% per annum with annualized volatility of 7-10% over the life of the Fund, which is expected to mature in December 2013.

• Investors will benefit from capital protection at maturity, that is they will receive at final redemption a minimum payback of 100% of the purchase price paid.

• A profit lock-in feature, which gives the investor the potential of an increased amount of capital protection at maturity - each 10% increase in the net asset value of the shares increases the capital protection by 5%, based on an initial threshold of 120%.

• A special oil-linked feature, which will allow investors to benefit from a potential weakening in the oil price, by paying two potential bonus dividends of up to 7% at the end of each of the first two years.

Ibrahim Gharghour, Managing Director and co-head of the Investcorp Hedge Funds program said: "The combination of capital protection, controlled volatility and the profit lock-in feature, as well as the potential bonus dividends, make Investcorp Crescendo Series I an attractive opportunity for investors looking for appropriate hedge fund exposure."

Deepak Gurnani, Managing Director and co-head of the Investcorp Hedge Funds program added: "We're meeting considerable interest from our clients across the region, many of whom are of course familiar with Investcorp Balanced Fund's strong, consistent performance."
About Investcorp

Investcorp is a manager of alternative asset management products and has offices in the Kingdom of Bahrain, London and New York. It has five product areas: private equity, hedge funds, real estate investment, venture capital and Gulf growth capital. Established in 1982, it now manages total investments in alternative assets of around $10 billion.

The IBF, Investcorp's core balanced hedge fund product, is a multi-manager, multi-strategy fund of hedge funds with approximately $1.8 billion in assets under management. Investcorp's asset management business has approximately $5 billion in assets under management, of which approximately $2 billion is proprietary capital. In addition to its internationally recognized hedge fund-of-funds programme Investcorp also is active in the seeding of single managers through a dedicated platform.