Investcorp CEO awarded Prize of Tolerance
Kirdar honored for vision of promoting political, economic renewal
MANAMA, July 10: Investcorp, a global provider and manager of alternative investment products, is delighted to announce that Nemir Kirdar, founder and CEO of Investcorp, has been awarded the Prize of Tolerance by the European Academy of Sciences and Arts. Kirdar was presented with the prize at a ceremony in Frankfurt, Germany.
This prestigious prize is presented by the European Academy of Sciences and Arts, which brings together over 1500 scientists and researchers, philosophers and artists from around the world, including 29 Nobel Prize winners.
Prof. Dr. h.c. Felix Unger, CoFounder and President of the European Academy of Sciences and Arts, commented: “The Prize of Tolerance was established in 1997 to recognize individuals who actively strive to promote tolerance and mutual acceptance. We honour Kirdar for his vision of promoting political, economic and social renewal in Iraq, the country of his birth. Kirdar has also sought to promote cross-cultural understanding through his business activities.
Investcorp, the business Kirdar established in 1982, is a globally respected organization which acts as a bridge between surplus funds in the Gulf and non-traditional investment opportunities in the USA and Western Europe.”
Delivering the citation, Lord Weidenfeld described Kirdar as “a leading figure among the international business elite where his general advice and specialist regional knowledge make him an influential counsel.”
Advocates
Accepting the prize, Kirdar said: “It is an honour to receive this award and to join the distinguished list of thought-leaders and global advocates of peace who have received this award in the past. I would also like to convey my gratitude to my Investcorp colleagues whose talents and hard work have been instrumental in turning Investcorp into a global institution.”
Investcorp is a leading provider and manager of alternative investment products and is publicly trad- ed on the Bahrain Bourse (INVCORP). The Investcorp Group has offices in the Kingdom of Bahrain, New York, London andthe Kingdom of Saudi Arabia. Investcorp has three business areas: corporate investment in the US, Europe and the Gulf, real estate investment in the US and global hedge funds.As at December 31, 2012, Investcorp had $11.5 billion in assets under management.Further information is available at www.investcorp.com.
Each year since 1997, the European Academy of Sciences and Arts has awarded aPrize of Tolerance to recognizeindividuals or institutes that are committed to tolerance and anti-racism. Previous recipients include social scientist and wife of the Egyptian president, Susanne Mubarak; Cardinal Franz Kˆnig; the International Federation of Red Cross and Red Crescent Societies, represented by its president, Dr Astrid Heidberg; and Giandomenico Picco, personal representative of United Nations Secretary-General, Kofi Annan.