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Tuesday, March 26, 2019

Investcorp single manager hedge fund platform reaches $2 billion


Date: Wednesday, July 2, 2008
Author: Hedge Funds Review

Investcorp managers in the single manager platform have raised over $2 billion in assets.

The platform, started in 2005 to support emerging talent in the hedge fund industry, provides between $50 million and $100 million in seed capital to managers. It also provides support for marketing and ongoing risk monitoring.

Investcorp has over 30 institutional investors in the platform that comprises six managers with a range of investing strategies.

Managers in the programme in the US are Cura Capital Management, a fixed income relative value manager in New York; Interlachen Capital Group, a multi-strategy company in Minneapolis; Washington Corner Capital Management, a distressed and credit-based investment platform in New Jersey; and Silverback Asset Management, a convertible arbitrage focused management company in North Carolina.

Other managers include Stoneworks Asset Management, a global macro investment platform in London, and WMG Asia, an Asian long/short equity strategy management company in Hong Kong.

The single manager platform is part of Investcorp’s larger suite of hedge fund solutions. This includes fund of funds, customised portfolios and structured products.

Investcorp screens hundreds of candidates in order to select the most experienced managers for each investment strategy in the platform.

The company, with a hedge funds team of over 100 professionals, has around $8 billion in assets under management.