Investcorp, Tages merge absolute return businesses

Investcorp, Tages merge absolute return businesses
Rishi Kapoor, co-chief executive officer of Investcorp
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Updated 07 May 2020

Investcorp, Tages merge absolute return businesses

Investcorp, Tages merge absolute return businesses

Investcorp, a global provider and manager of alternative investment products, and Tages Group, an European alternative asset management firm, have created a 50/50 joint venture through merging Investcorp’s absolute return investments (Investcorp ARI) business and Tages Capital LLP, the absolute return subsidiary of Tages.

The joint venture, called Investcorp-Tages Limited, leverages Tages Capital’s and Investcorp ARI’s investment expertise and complementary footprints in seeking to create a global absolute return platform with more than $6 billion in revenue-generating assets. Rishi Kapoor, co-chief executive officer of Investcorp, said: “We believe that the joint venture with Tages will be optimally positioned for accelerated growth serving the evolving needs of investors for absolute return investments in the post-COVID landscape, with an expanded geographic footprint, deeper bench of talent and enhanced scale.”

Panfilo Tarantelli, CEO and founding partner of Tages, said: “Tages and Investcorp are ideal partners with long histories of performance generation and cultures of excellence. We are confident that our combined strengths will accelerate our objectives to drive growth.”

Investcorp-Tages Limited will be co-led by existing management, including Lionel Erdely, head and CIO of Investcorp’s ARI business, and Salvatore Cordaro, founding partner and CIO of Tages Capital. 

Erdely said: “Our joint venture will deliver meaningful benefits for our clients. Together, we will be able to offer a broader array of absolute return investment solutions across strategies and markets. As we bring the best of our organizations together, we will remain focused on maintaining the nimble, entrepreneurial approach that has driven our success.”

 


Asian Business Leadership Forum launches virtual venue

Asian Business Leadership Forum launches virtual venue
Updated 17 January 2021

Asian Business Leadership Forum launches virtual venue

Asian Business Leadership Forum launches virtual venue

DUBAI: The 14th Edition of the Asian Business Leadership Forum (ABLF), Asia’s most influential leadership series that engages the region’s visionaries, strategists, experts and influencers in conversations seeking equitable solutions for pressing socio-economic issues, is now live and hosted on its bespoke virtual venue, the ABLF City - a state-of-the-art virtual environment that facilitates the global virtual event series.

Registered users have access to world-class forums, round tables, masterclasses, workshops and the ABLF Expo featuring its partners. Through the ABLF Talks Live, users can engage with some of the world’s brightest leaders and proactive global citizens as they debate and discuss ways to secure and protect our collective future after the pandemic.

The ABLF Talks Live will host its first edition in 2021 on Jan. 18 from 12.45 PM – 5.15 PM (GMT +4) at the ABLF City. The Virtual Conclaves, to be held every month till December 2021, features in-depth conversations with Asia’s policy-makers and decision takers on relevant subjects of the times and enables proactive online networking.

The speakers at the January 18 Conclave are: Aaditya Mattoo, Chief Economist of the East Asia and Pacific Region of the World Bank, Alisha Moopen, Deputy Managing Director, Aster DM Healthcare, Dr Ayesha Khanna, CEO and Co-Founder ADDO AI, Singapore, Gaurav Gupta, Co-Founder, Zomato, Sacha Jafri, Artist, Kathleen Rogers, President, EARTHDAY.ORG and H.E. Fahad Al Gergawi, CEO Dubai FDI.

To register for the event, click here (https://www.ablf.com/talks-live-registration)