Investcorp has launched Strategic Capital Partners, which will focus on minority equity investments in mid-sized alternative asset managers. Anthony Maniscalco, a former managing director and co-head of Credit Suisse’s Anteil Capital Partners business, will serve as managing partner and head of Strategic Capital Partners.
NEW YORK, Nov. 20, 2018 /PRNewswire/ — Investcorp, a leading manager of alternative investments, today announced the launch of its Strategic Capital Partners strategy, which will focus on minority equity investments in mid-sized alternative asset managers.
To guide the Strategic Capital Partners business, Investcorp has hired Anthony Maniscalco who has over 25 years of experience and was formerly Managing Director and Co-Head of Credit Suisse’s Anteil Capital Partners business. Prior to Credit Suisse, Anthony was on the leadership team of Blackstone Strategic Capital Holdings, a vehicle focused on acquiring minority interests in alternative asset managers. Anthony joins Investcorp as the Managing Partner and Head of Strategic Capital Partners within the Firm’s Absolute Return Investments group.
“We are looking forward to expanding our range of capabilities by introducing this new strategy that will target investments in mid-sized managers across different alternative asset classes,” said Rishi Kapoor, Co-Chief Executive Officer of Investcorp. “Anthony’s deep experience in the alternative investment management space will be a great addition to our team as we continue to grow our alternatives strategy across the globe.”
“I am excited to join Investcorp to lead this new strategic initiative, leveraging my prior experience with alternatives managers as both a principle investor and advisor,” said Anthony Maniscalco, Managing Partner and Head of Strategic Capital Investments. “Investcorp has shown unwavering commitment to alternative investing for over 35 years, which aligns with our approach as active partners with alternative asset managers.” Anthony is joined in launching this new business by David Lee, as a Partner, and Dhanraj Chandiramani, as a Vice President, two of his former colleagues at Credit Suisse.
Investcorp’s Strategic Capital Partners business will acquire minority equity stakes in the GPs of established alternative asset managers, including private equity, private debt, real estate, venture capital and hedge fund managers.
Investcorp is a leading global manager of alternative investments. Led by a new vision, Investcorp has embarked on an ambitious, albeit prudent, growth strategy. The Firm continues to focus on generating value through a disciplined investment approach in four lines of business: private equity, real estate, absolute return investments and credit management.
As of June 30, 2018, the Investcorp Group had US$22.6 billion in total AUM, including assets managed by third party managers and assets subject to a non-discretionary advisory mandate where Investcorp receives fees calculated on the basis of AUM.
Since its inception in 1982, Investcorp has made over 175 corporate investments in the U.S., Europe and the Middle East and North Africa region, across a range of sectors including retail and consumer products, technology, business services and industrials, and more than 600 commercial and residential real estate investments in the US and Europe, for in excess of US$57 billion in transaction value.
Investcorp employs approximately 390 people across its offices in Bahrain, New York, London, Abu Dhabi, Riyadh, Doha, and Singapore. For further information, including our most recent periodic financial statements, which details our assets under management, please visit: www.investcorp.com.