Arcapita reports net income of $50.2 million for Fiscal 2011
Arcapita Bank had a net income of $50.2 million, registering a return to profitability for the bank, which along with its peers in the private equity industry, has gone through a tough operating environment in the aftermath of the financial crisis which began in 2008.
Beside its core business of deal-by-deal investments, Arcapita has made advancement in building its funds product offering, building on its track record in the industrial warehousing sector to expand several funds during the year, in Asia, in Europe and in the Middle East.
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