Sunday 05, March 2017 by Georgina Enzer

Investcorp establishes credit management offering

Alternative investment product provider and manager, Investcorp, has completed its acquisition and integration of the debt management business of 3i (3iDM) from 3i Group plc.

The business, now recognised as Investcorp Credit Management (ICM), adds $11 billion of assets under management, bringing the total to approximately $21.4 billion.

“The acquisition is a strategic move for Investcorp. Last year we announced our ambitious strategy to grow assets under management to $25 billion in the medium term. We are firmly on track to achieve our goal as we continue to extend Investcorp’s existing product offerings across private equity, real estate, and alternative investment solutions (formerly hedge funds). The integration of ICM is a natural fit with our global vision of providing our clients with a diversified range of alternative investment opportunities across different geographies. The next chapter of our corporate narrative starts today, with an even more substantial market stronghold and enhanced competitive edge,” said Mohammed Alardhi, Executive Chairman of Investcorp.

Investcorp Credit Management is a leading global credit investment platform, managing funds which invest primarily in senior secured corporate debt issued by mid and large-cap corporates in Western Europe and the US. The business has a strong track record of consistent performance and growth, employing approximately 50 people in London, New York and Singapore.

“Investcorp has a long, impressive history and track record of delivering the right products to its strong client base. We are excited about our future as Investcorp Credit Management and the opportunities that exist for our investors and colleagues as part of a well-established, diverse global alternative investment manager,” said Jeremy Ghose, who will continue to Head the Investcorp Credit Management business.  

Features & Analyses