Gulf investment firm Investcorp to focus more on real estate after acquisition of IDFC Alternatives PE and RE funds. : Mumbai: Investcorp, which is close to acquiring the private equity (PE) and real estate (RE) funds business of IDFC Alternatives, will initially focus on real estate investments, said two people aware of the development. Investcorp currently manages more than $22.2 billion of assets across asset classes such as private equity, real estate, special situations and credit. It has offices in New York, London, Bahrain, Abu Dhabi, Doha, Riyadh and Singapore.