MANAMA, Bahrain — 

Arcapita, the international investment firm headquartered in Bahrain, has emerged from Chapter 11 reorganization proceedings in the United States. Under the terms of the reorganization, “New” Arcapita (legally referred to as AIM Group Limited) led by the existing management team will continue to manage the Arcapita investment portfolio on behalf of investors and creditors, with the objective of maximizing exit values across the portfolio. RA Holding Corp. (“RA”), a new entity owned by the creditors, will realize the value of Arcapita’s interests in its investment portfolio.

Atif A. Abdulmalik, Chief Executive Officer, said, “Chapter 11 was a challenging experience, but one which has enabled us to deliver a solution in the best interests of our investors, creditors, and other stakeholders. Under New Arcapita, we will be able both to assist RA and investors to maximize the value of the existing investment portfolio and to undertake new investment opportunities.”

Abdulaziz H. AlJomaih, the Vice Chairman of the board of directors of Arcapita, added, “Chapter 11 provided a comprehensive and transparent framework to restructure the business. We appreciate the strong support that we received from our stakeholders and look forward to delivering future value to investors.”