Investcorp Appoints El-Erian To International Advisory Board

Jul 31 2017 | 10:52pm ET

Alternative investments specialist Investcorp has appointed famed economist and investment manager Dr. Mohamed El-Erian to the company’s advisory board as the company undergoes significant growth. 

El-Erian will maintain his responsibilities as chief economic advisor to German financial services giant Allianz, Invescorp said in a statement. His appointment comes as the Bahrain-based alternatives and private-equity firm embarks on an ambitious international expansion strategy. 

El-Erian is one of the best-known figures in global finance. Until 2014, he was CEO and co-chief investment officer of investment management firm PIMCO, leaving the company during a clash with founder Bill Gross. Other senior roles have included a stint as chairman of the U.S. Global Development Council under President Obama, deputy director of the IMF, and CEO and president of Harvard Management Company.  

Investcorp’s Advisory Board is chaired by Mohammed Alardhi, executive chairman of the firm.  Other members include former U.N. secretary general Kofi Annan, former Austrian Chancellor Dr. Wolfgang Schüssel, former German deputy foreign minister Wolfgang Ischinger, former Lombard Odier managing partner Pierre Keller, and ex-Spanish foreign minister of Spain Ana Palacio. 

Founded in 1982, Investcorp is a provider and global manager of alternative investment products across multiple asset classes including hedge funds, corporate investment and real estate. The company’s Alternative Investment Solutions team oversees approximately $4 billion in assets in assets across multi-manager solutions, hedge fund partnerships, alternative risk premia and special opportunities portfolios, while overall AUM is more than $21.4 billion. 

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