WEST PALM BEACH, FL (HEDGECO.NET) – Investcorp, an asset manager in alternative investments, beat four other fund of funds, winning this years Hedge Fund of Funds Leader award. Institutional Investor, an international publication, arranged the Alternative Investment News hedge fund awards ceremony in New York last week.

Investcorp is a global firm operating out of three centers, New York, London and Bahrain. Since its foundation in 1982, Investcorp has arranged investments with a combined value of approximately $30 billion.

A panel of Judges from Goldman Sachs, Bear Stearns and JP Morgan cited Investcorp’s growth in the international and U.S. institutional market, assets under management and its new single manager platform as the critical success factors. The Firm has global in its outlook, attitude and culture of cross border collaboration.

“It is a great tribute to be recognized by our industry peers as well as by the premier awards in the hedge fund industry. This is testament to the long term achievements of Investcorp’s hedge fund business over the past nine years and our success in building a strong business, not least in establishing leading risk management processes to set us apart from other providers.” said Deepak Gurnani. Gurnani and Ibrahim Gharghour are the co-heads of Asset Management at Investcorp,

Ibrahim Gharghour added, “This award also recognizes our substantial recent progress in the United States, where we have attracted substantial US institutional money into our programme. In addition, last year, we set up a single manager platform and have already partnered with two high profile groups, Interlachen Capital Group and Cura Capital Management, in order to provide our investors greater variety and access to leading specialist funds”

Investcorp has $4.6 billion under management in the hedge fund industry, with $1.7 billion in property investment. Investcorp acts as a principal and an intermediary in investment transactions on both sides of the Atlantic.

Alex Akesson
Contributing Writer
HedgeCo.Net
Email: Editor@hedgeco.net

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