Case Study

Bahrain International Bank

Bahrain International Bank

Bahrain International Bank Division: Phoenix Capital Resources, Phoenix Management Services Client The Bahrain International Bank was a Middle East bank with a significant United States-based private equity exposure. Problem The Bahrain International Bank (BIB) had owned an investment portfolio in the United States. When BIB became insolvent and could no longer support new investments in the U.S., the bank’s captive investment management arm was disbanded and the bank was left with significant investments that required management and oversight without any staff with the appropriate experience. The bank was faced with a distressed liquidation. Solution Bahrain International Bank turned to Phoenix Management because of its wide depth of industry experience and knowledge of the financial mark

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