Bahrain-based Investcorp is aiming to make one to two new investments in the next year in each of its regions of the United States, Europe and the Gulf, Co-Chief Executive Rishi Kapoor said on Thursday.

The investments will help contribute to Investcorp’s goal of more than doubling its assets under management in the next five to seven years from the current level of $10.8 billion, Kapoor told reporters on a conference call.

He was speaking after the company posted a 45.1 percent drop in its second-half net profit to $39.2 million and 22.8 percent fall in profits to $90.1 million for the full year ended June 30.

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