Investcorp shies away from data centre investment, focuses on services, executive says at Davos

Investcorp is avoiding large investments in data centers, deeming the market too crowded and returns compressed. Instead, the firm is focusing on domestic services, IT, and transportation, seeking better risk-return opportunities. With $60 billion in assets, Investcorp targets investments in the U.S., Gulf, and India, where it sees a strong IPO pipeline. The company anticipates continued momentum in the Indian market for IPOs, viewing them as a viable monetization route for private sponsors.