Investcorp Hires Hedge Fund Business Heads

May 12 2010 | 2:51am ET

Asset management firm Investcorp has added a pair of executives to its hedge fund business.

The Bahraini firm has named Nick Vamvakas as head of its single-manager platform and Brian Rice as head of fund of funds marketing. Both are managing directors.

"To maintain our edge, Investcorp continues to invest in our people and processes to build on the success we achieved in 2009," Deepak Gurnani, head of hedge funds at Investcorp, said. "Nick and Brian will be important to maintaining our success and communicating our views and offerings to our growing base of clients."

Vamvakas joins from Lyxor Asset Management, where he developed seeding programs. Rice was formerly at the Trust Company of the West, and was head of global hedge fund sales at Deutsche Bank before that.

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