Investcorp, a global investment group, and Interlachen Capital Group, a multi-strategy hedge fund manager based in Minneapolis, have formed a strategic partnership. Interlachen and Investcorp will initially launch a multi-strategy fund catering to investors globally. Interlachen joins Investcorp’s hedge fund single manager platform, which involves partnering with best-in-class hedge fund managers and providing access to these funds to Investcorp’s global client base.
Interlachen is a global, multi-strategy hedge fund manager. The firm targets superior risk-adjusted returns by deploying capital in the following strategies: corporate credit, event driven, private investments, fixed income and volatility investing. Interlachen invests on a global basis with a primary focus on the United States and Asia. Established in 2005, Interlachen is led by Andrew Fraley, Chief Investment Officer, and Jon Havice, Chief Operating Officer. Mr. Fraley and Mr. Havice are joined by seven other partners who will collectively lead the investment team. The nine senior members of the firm have, on average, over twelve years of experience in the industry, including over thirty years of collective experience in Asia. The investment team previously worked together at a multi-billion dollar hedge fund.
Deepak Gurnani, Investcorp’s managing director and co-head of asset management commented, “We are delighted to announce our partnership with Interlachen. We were attracted to the firm due to the high caliber and depth of its investment team. Our due diligence confirmed both the outstanding experience of the team as well as its strong relationship network that will drive attractive investment opportunities both domestically and in Asia. This partnership enhances the development of the hedge fund single manager platform we established last year.”
Ibrahim Gharghour, Investcorp’s managing director and co-head of asset management added, “Our alliance with Interlachen follows our previous partnerships, and we expect to continue to add additional such relationships in order to offer our clients the opportunity to invest with emerging and best-in-class hedge fund managers. Ongoing access to the best managers is important for our clients. Over the last year, the increase in client assets that we manage demonstrates our effectiveness in meeting the needs of our investor base.”
Andrew Fraley, Interlachen’s Chief Investment Officer said, “We are very pleased to announce our strategic partnership with Investcorp. Investcorp’s long history of success, substantial assets under management, global client base and single manager platform were a great fit for our firm. We look forward to leveraging our relationship with Investcorp to enhance our fund raising capabilities, refine our internal risk management controls, and to improve our overall business processes. This announcement provides a strong launch for Interlachen as we commence our investment activities partnered with Investcorp, one of the world’s leading financial institutions.”
About Investcorp
Investcorp is a global investment group with offices in London, New York and Bahrain. The firm has four lines of business: private equity investment, real estate investment, hedge funds and venture capital. Established in 1982, it now manages total investments in alternative assets of around $9.5 billion.
Asset management is Investcorp’s hedge fund business. Investcorp is a leading investor in hedge funds with more than US$ 4 billion under management. Hank Murphy is the head of development for Investcorp’s single manager platform.
