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Investcorp Capital, a Bahrain-based investment manager, has successfully raised AED 1.66B ($451M) through the sale of roughly one-third of its shares in an IPO on the Abu Dhabi Securities Exchange. The company, affiliated with Mubadala Investment Company-backed Investcorp, finalised the offering price at AED 2.30 per share, establishing a market capitalisation of approximately AED 5.04B at the time of listing.