Latest Gulf Delisting Ends Almost Four-Decade Era for Investcorp

Investcorp Holdings BSC, the Middle East’s biggest alternative asset manager, will delist from the Bahrain stock exchange after almost four decades in response to low trading volumes, the latest in a string of companies in the region to go back into private ownership.

The firm, which manages assets of more than $35 billion, got approval from investors to delist at a shareholder meeting in Bahrain Wednesday. Investcorp shareholders will have the option either to let the company buy back the stock or to remain as investors in a private entity.

“Looking at our future strategy and growth plans, Investcorp ...