Investcorp has named Nicholas McGrane as a managing director in its North American private equity group. Most recently, McGrane worked at Evolent Health where he was executive vice president of corporate performance and chief financial officer.
New York, November 11, 2020 – Investcorp, a leading global provider and manager of alternative investment products, today announced that Nicholas (Nicky) McGrane has joined the Firm’s North American Private Equity group as a Managing Director, effective immediately. In this role, Nicky will lead Investcorp’s post-acquisition efforts in North America.
Nicky joins Investcorp with more than 25 years of experience across investment banking, private equity, consulting and operations. Most recently, Nicky served as Executive Vice President, Corporate Performance and Chief Financial Officer of Evolent Health. Previously, Nicky served as Managing Director and as a founding member of MidOcean Partners. During his tenure at MidOcean Partners, Nicky served as Interim President and Chief Executive Officer of portfolio company, SBARRO, Inc. Earlier in his career, he held roles with IMAX Corporation, Bain & Company and Kidder, Peabody, & Co. Inc.
David Tayeh, Head of Private Equity North America, commented: “Nicky has a long history of growing businesses, successfully managing acquisitions and driving operational excellence. We look forward to benefitting from Nicky’s expertise as we continue to invest in and grow portfolio companies in our targeted services-oriented sectors, which we believe offer greater resiliency and attractive growth opportunities in the current environment.”
Nicky McGrane commented: “I am excited to join Investcorp’s impressive team during such a dynamic time. The Firm’s well-defined investment criteria, deep bench of talent and sector expertise are well-positioned, and I look forward to working alongside our portfolio companies to drive growth and enhance value creation.”
Nicky holds a Bachelor of Science in Management from Trinity College Dublin, and an MBA from Harvard Graduate School of Business Administration.
Investcorp’s Private Equity North America team has been investing in North American mid-market businesses for nearly 40 years and is among the most active mid-market private equity firms globally. Since inception, Investcorp has completed approximately 70 transactions in North America, deploying more than $22 billion in transaction value. Investcorp has a deep history of collaborating with founder-led businesses.
Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes and infrastructure. Since our inception in 1982, we have focused on generating attractive returns for our clients while creating long-term value in our investee companies and for our shareholders as a prudent and responsible investor.
We invest a meaningful portion of our own capital in products we offer to our clients, ensuring that our interests are aligned with our stakeholders, including the communities that we operate within, towards driving sustainable value creation. We take pride in partnering with our clients to deliver tailored solutions for their needs, utilizing a disciplined investment process, employing world-class talent and combining the resources of a global institution with an innovative, entrepreneurial approach.
As of June 30, 2020, Investcorp Group had US $32.2 billion in total AUM, including assets managed by third party managers, and employed approximately 450 people from 44 nationalities globally across its offices in New York, London, GCC, Mumbai and Singapore. For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter and Instagram.