{"id":41709,"date":"2014-04-23T08:52:11","date_gmt":"2014-04-23T12:52:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=41709"},"modified":"2014-04-23T09:02:04","modified_gmt":"2014-04-23T13:02:04","slug":"bahrain-hedge-fund-to-buy-us-designer-company","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2014\/bahrain-hedge-fund-to-buy-us-designer-company.html","title":{"rendered":"Bahrain Hedge Fund Investor To Buy US Designer Company"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/04\/768521.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-41719\" alt=\"76852\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/04\/768521.jpg\" width=\"211\" height=\"205\" \/><\/a>New York (HedgeCo.Net) &#8211; \u00a0The Bahrain-based hedge fund investor\u00a0Investcorp and private equity firm Freeman Spogli\u00a0&amp; Co, are teaming up to buy the\u00a0Cincinatti-based\u00a0rain and \u00a0cold weather accessory designer Totes Isotoner Corporation.\u00a0The terms of the transaction were not disclosed.<\/p>\n<p>&#8220;We are excited about acquiring a globally recognized brand which is a leader within a growing functional accessories market,&#8221; Investcorp Gulf Business president Mohammed Al Shroogi said.\u00a0&#8220;We look forward to working closely with the Totes management team as they seek to grow through further international expansion and introduction of new, high-quality products.&#8221;<\/p>\n<p>&#8220;We are excited to partner with Investcorp to combine our resources and experience in growing consumer businesses. We look forward to a long-term partnership with the Company as we engage in value enhancing initiatives to continue its long track record of growth,&#8221; said\u00a0Benjamin Geiger, a General Partner of\u00a0Freeman Spogli\u00a0&amp; Co.<\/p>\n<p>The Investcorp hedge fund group has offices in\u00a0New York,\u00a0London,\u00a0Bahrain,\u00a0Saudi Arabia\u00a0and Abu Dhabi. Investcorp has three business areas: corporate investment in the US,\u00a0Europe\u00a0and the Gulf, real estate investment in the US and global hedge funds. As at\u00a0December 31, 2013, Investcorp had\u00a0$11.3 billion\u00a0in total assets under management.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; \u00a0The Bahrain-based hedge fund investor\u00a0Investcorp and private equity firm Freeman Spogli\u00a0&amp; Co, are teaming up to buy the\u00a0Cincinatti-based\u00a0rain and \u00a0cold weather accessory designer Totes Isotoner Corporation.\u00a0The terms of the transaction were not disclosed. &#8220;We are excited [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044,3,5],"tags":[],"class_list":["post-41709","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-strategies-2","category-hedgeco-news","category-offshore-funds"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=41709"}],"version-history":[{"count":8,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41709\/revisions"}],"predecessor-version":[{"id":41720,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41709\/revisions\/41720"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=41709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=41709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=41709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}