Investcorp has opened its first Los Angeles office and hired Scott Goldchain as a senior relationship manager in charge of the West Coast. In his new role, Goldchain will be responsible for growing the firm’s LP relationships in the region. He will be based in Santa Monica.
New York, January 10, 2021 – Investcorp, a leading global alternative investment firm, today announced the growth of its United States footprint with the opening of its inaugural Los Angeles office. As part of the expansion, Investcorp has also hired Scott Goldchain as a senior relationship manager in charge of the West Coast. Responsible for growing the firm’s LP relationships in the region, Scott will be based in Santa Monica.
Scott joins Investcorp with over 20 years’ experience in financial markets. Since 2007, he has been focused exclusively on institutional capital formation and investor relations strategies for private markets and alternatives firms. Most recently he held a similar position for Patria Investments, a former Blackstone-affiliated firm, where he played an instrumental role for the last seven plus years in their highly successful North American fundraising efforts across multiple private market asset classes. Prior to Patria, Scott worked at Muzinich & Co, Itau Asset Management and Macquarie Bank where he was also focused on capital formation. He first started his career in investment banking at DLJ / Credit Suisse and also spent time at Citigroup in Sydney and New York after graduating from the Wharton School at the University of Pennsylvania.
“As our U.S. business continues to undergo significant growth and we add strategies to our platform across all asset classes, increasing our footprint in North America aligns with our long-term approach,” said Laura Coquis, Global Head of Institutions at Investcorp. “Investcorp’s first investment in 1982 was a real estate property in Los Angeles. As we prepare to celebrate our firm’s 40th anniversary, our Los Angeles office will ensure we are positioned to strengthen our relationships with our west coast stakeholders by deploying Scott’s expertise to capitalize on the increased appetite for private markets strategies from allocators.
Scott Goldchain, senior relationship manager, West Coast at Investcorp, added; “Institutional investors are increasingly focused on differentiated and repeatable sources of return and Investcorp’s disciplined, proven and entrepreneurial approach ensures that it is well-placed to deliver value to clients for decades to come. Focus on returns, attention to the end client, and local presence are paramount to everything Investcorp does. I’m excited to be joining a firm with such a strong reputation and culture and look forward to combining Investcorp’s scale and resources with my own network.”
Investcorp currently has $18.9 billion AUM in North America, which accounts for about half of its $38bn global AUM. The firm has 130 employees across all business lines and asset classes in New York, making it Investcorp’s largest office globally.
Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure and insurance asset management. 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.
Investcorp has today a presence in 12 countries across the US, Europe, GCC and Asia, including India, China and Singapore. As of June 30, 2021, Investcorp Group had US $37.6 billion in total AUM, including assets managed by third party managers, and employed approximately 430 people from 45 nationalities globally across its offices. For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter and Instagram.