Investcorp’s Emerging Managers Top $2B

Jun 30 2008 | 11:07am ET

Alternatives shop Investcorp said today that the managers in its single manager platform have raised more than US$2 billion in total assets.
 
The platform debuted in 2005 to seed emerging managers with between $50 million and $100 million, along with support for marketing and ongoing risk monitoring to avoid style-drift and other operational concerns. The platform is part of Investcorp’s larger hedge fund portfolio, which includes funds of hedge funds, customized portfolios and structured products.

 “Reaching the $2 billion milestone is a testament to the quality of the managers who have partnered with us,” said Deepak Gurnani, managing director and co-head of hedge funds.  “We screen hundreds of candidates in order to select only the most experienced managers for each investment strategy in the platform.  In fact, we attribute much of the success of the platform to our careful manager selection process as well as to our continued focus on alpha generation.”
 
The six managers currently included in the platform are Cura Capital Management, a fixed income relative value shop; Interlachen Capital Group, a multi-strategy firm; Silverback Asset Management, a convertible arbitrage firm; Stoneworks Asset Management, a global macro shop; Washington Corner Capital Management, a distressed and credit-based shop; and WMG Asia, an Asian long/short equity firm.
 
Investcorp currently manages approximately US$8 billion in assets under management, of which approximately US$2 billion is proprietary capital.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of