New York (HedgeCo.Net) – Investcorp, a leading provider and manager of alternative investment products with more than $11 billion in assets under management, announced today that Gregory LaFiura has joined the firm’s Hedge Funds business as a Principal in the Manager Research Team with a focus on long/short equity strategies.

In this role, Mr. LaFiura will have primary responsibility on sourcing and conducting due diligence on equity managers for its fund of hedge funds and seeding platforms. He will also be responsible for evaluating equity co-investment opportunities for its Special Opportunity Portfolios. Mr. LaFiura will be a member of the Hedge Funds Manager Recommendation and Investment Universe Committees.

Commenting on the hire, Lionel Erdely, Head and Chief Investment Officer of Hedge Funds said, “We continue to enhance our investment universe across strategies and regions for our clients. Greg will further extend our capabilities in conducting deep analysis of manager portfolios before they are recommended to our investment universe. He will make important contributions to each of our product lines.”

Before joining Investcorp, Mr. LaFiura spent nine years at Permal Group where he most recently served as a Portfolio Manager for its equity focused fund of funds portfolios. Prior to that, he held roles as an Equity Research Analyst at Douglas C. Lane & Associates and a Financial Analyst at Goldman Sachs Group. Mr. LaFiura holds a MBA from University of Michigan, Stephen M. Ross School of Business and a Bachelor’s degree in Economics and English from Lehigh University.

As of June 30, 2014, Investcorp’s Hedge Funds Group had $5.0 billion of assets under management, including $2.5 billion in customized funds of hedge funds, $2.2 billion allocated to Investcorp’s single manager business and $221 million in its special opportunities portfolios.