VENTURE CAPITAL POST

Bahrain-based Investcorp Bank BSC has acquired hedge fund business from SSARIS Advisors LLC. The acquisition of hedge fund from the fund business of the US company will enhance product range of Bahrain's bank as the business is expected to add $800 million in discretionary and advisory assets to Investcorp Bank.

Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.