Investcorp buys SSARIS’ hedge fund of funds business unit

By Iris Dorbian — 3 weeks ago

Investcorp has acquired SSARIS Advisors‘ hedge fund of funds business unit. No financial terms were disclosed. SSARIS’ hedge fund of funds manages about $800 million in assets. PRESS RELEASE Investcorp, a leading provider and manager of alternative investment products, today announced the acquisition of the Hedge Fund of Funds business unit of SSARIS Advisors, LLC’s (“SSARIS”), […]


Investcorp buys POC

By Luisa Beltran — 2 months ago

Investcorp said Thursday it has acquired POC for $65 million. Black Diamond Inc. was the seller. POC, of Stockholm, makes skiing and cycling helmets, gear and accessories. DC Advisory advised Investcorp.


Observer Capital-owned SourceMedia names CRO and CFO

By Iris Dorbian — 11 months ago

New York-based b2b media company SourceMedia has hired Marianne Collins as chief revenue officer and Michael Caruso as chief financial officer. Previously, Collins worked at Investcorp. where she was an advisory director while Caruso worked at Deloitte/CRG Financial Services. SourceMedia is owned by Observer Capital.


Oak Hill completes Berlin Packaging acquisition

By Iris Dorbian — 1 year ago

Oak Hill Capital Partners has closed its buy of Berlin Packaging from Investcorp. No financial terms were disclosed although earlier reports pegged the amount at $1.43 billion. As a result of the transaction, Berlin Packaging CEO Andrew Berlin retains a “significant” ownership stake in the company. He and the firm’s current management will continue to lead the business. Berlin Packaging supplies packaging products in North America.


Investcorp sells SourceMedia

By Luisa Beltran — 1 year ago

Investcorp has sold SourceMedia to Observer Capital. Financial terms weren’t announced. New York-based SourceMedia is a B2B media company that publishes such titles as American Banker, The Bond Buyer as well as Mergers & Acquisitions. Investcorp put SourceMedia up for sale in late 2012 but couldn’t find a buyer, peHUB has reported.