Investcorp

Corsair to Acquire MJM Holdings, a Leading European Commercial Insurance Broker

Retrieved on: 
Wednesday, January 10, 2024
Professional Services, Insurance, Finance, Heart, Corporate services, Collection, Partnership, Investcorp, MJM, History, Investment, Risk management, Transport, Infrastructure, Growth, Financial services

Corsair , a leading private equity firm targeting payments, software, and business services investments in the financial services market, announced that it has signed a definitive agreement to acquire a majority stake in MJM Holdings (“MJM” or “the Company”), a leading independent commercial insurance broker based in Poland.

Key Points: 
  • Corsair , a leading private equity firm targeting payments, software, and business services investments in the financial services market, announced that it has signed a definitive agreement to acquire a majority stake in MJM Holdings (“MJM” or “the Company”), a leading independent commercial insurance broker based in Poland.
  • MJM’s three divisions cover property & casualty insurance, commercial motor insurance, and reinsurance, enabling MJM to offer a comprehensive suite of solutions with specialist advice and high levels of service across its focused client sectors.
  • We are proud to support MJM as the firm begins this new chapter of growth,” said Raja Hadji-Touma, Partner at Corsair.
  • MJM Holdings is one of Poland’s leading insurance distribution businesses, and is a collection of best-in-class platforms consisting of Attis Broker (corporate insurance) Smartt Re (reinsurance), MJM Brokers (motor) and MJM Risk Management (risk management and advisory services).

Holcim joins Circularity Task Force at COP28

Retrieved on: 
Tuesday, December 26, 2023
LGT Group, Urbanization, City, Dubai Airports Company, Heart, SMI, Force, Recycling, COP28, GameChanger, Sustainable markets, Task force, Lumber, Investcorp, Holcim

Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation

Key Points: 
  • Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation
    Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai, to accelerate our world’s shift to a circular economy.
  • This task force aims to close essential material loops to advance climate action, while preserving nature’s resources and planetary boundaries.
  • The Circularity Task Force is aligned with the Terra Carta charter putting nature, people and planet at the heart of global value creation through real economy action.
  • By building cross-sector collaboration, Holcim together with the other founding members of the Circularity Task Force - Gemini Corp, Dubai Airports, Investcorp, and LGT Group - will champion tangible, scalable and sustainable circular business practices, while raising awareness about supportive regulatory frameworks.

Investcorp-Tages Welcomes Global Macro Team led by Adrian Owens

Retrieved on: 
Monday, November 20, 2023
Investment, Investcorp, GAM, Partnership, Paladin

LONDON, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Investcorp-Tages, a global alternative investment manager, is excited to announce that a highly experienced macro trading team is joining the firm.

Key Points: 
  • LONDON, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Investcorp-Tages, a global alternative investment manager, is excited to announce that a highly experienced macro trading team is joining the firm.
  • Adrian Owens, Rahul Mathur and Scott Watson, who have managed one of the longest-established and most successful strategies in the space, are joining Investcorp-Tages.
  • As part of this move, the team will continue to manage their existing fund, the GAM Star Global Rates UCITS.
  • Adrian Owens has over 35 years of industry experience, having originally joined Julius Baer in 1995 before moving to GAM in 2009.

The Rise Fund to Make Majority Investment in Outcomes First Group Joined by Investcorp

Retrieved on: 
Tuesday, December 12, 2023
Banking, Mental Health, Fund Raising, General Health, Professional Services, Foundation, Philanthropy, People with Disabilities, Consumer, Clinical Trials, Health, Other Philanthropy, Other Education, Continuing, Education, Socially Responsible Investing, Finance, Funding, Ropes & Gray, SEN, Moelis & Company, DLA Piper, OFG, Investment, Stirling Square Capital Partners, Piper, Student, FirstGroup, Learning, Rise, Neuro, Venture capital financing, Stirling Square, Special, Occupational therapy, Private equity, Partnership, Ofsted, Growth, Mental health, Gibson Dunn, Parent, Spectrum, The Rise, Mental, Outcomes First Group, Nursing, Renewable energy, Outcome, Employment, Investcorp

The Rise Fund is making a majority investment in OFG with Investcorp making a minority investment.

Key Points: 
  • The Rise Fund is making a majority investment in OFG with Investcorp making a minority investment.
  • “This is the start of an exciting new chapter for Outcomes First Group,” said David Leatherbarrow, CEO of Outcomes First Group.
  • Moelis & Company served as financial advisor to The Rise Fund and Investcorp in relation to the transaction.
  • Ropes & Gray and Gibson, Dunn & Crutcher served as legal counsel to The Rise Fund and Investcorp respectively.

Investcorp Enters Global Infrastructure Asset Class via Investment in Corsair’s Infrastructure Business

Retrieved on: 
Monday, December 11, 2023
Professional Services, Logistics, Supply Chain Management, Transport, Finance, Asset Management, Banking, Other Transport, Acquisition, Partner (business rank), Investment, Trust, Partnership, Growth, Financial services, Infrastructure, Corsair, Investcorp

Leading alternative investment firms Investcorp and Corsair Capital (“Corsair”) announced today Investcorp’s entry into the global infrastructure investment asset class with the successful completion of its acquisition of a 50% stake in Corsair’s infrastructure business (the “Infrastructure Business”).

Key Points: 
  • Leading alternative investment firms Investcorp and Corsair Capital (“Corsair”) announced today Investcorp’s entry into the global infrastructure investment asset class with the successful completion of its acquisition of a 50% stake in Corsair’s infrastructure business (the “Infrastructure Business”).
  • The acquisition was consummated through the establishment of Investcorp Corsair Infrastructure Partners (“Investcorp Corsair”), a new entity jointly owned by Investcorp and Corsair that comprises the Infrastructure Business’ existing funds, investments, and team, and which will continue to pursue a highly differentiated and scalable investment strategy in transportation, logistics, and associated infrastructure subsectors.
  • Investcorp Corsair will capitalize on the strong and growing demand for infrastructure assets around the world, and on the private markets experience of both Corsair and Investcorp.
  • Corsair’s Partner Hari Rajan, who has been serving as its Head of Infrastructure, will continue to lead the Infrastructure Business as the new Managing Partner of Investcorp Corsair.

RoadSafe Traffic Systems Announces Acquisition of Dobie Supply, LLC

Retrieved on: 
Monday, November 27, 2023
Other Construction & Property, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Urban Planning, Other Manufacturing, Growth, Investcorp, Safety, Acquisition, Partnership, Central Texas

RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, announced today the acquisition of Dobie Supply, LLC (“Dobie Supply” or “Dobie”).

Key Points: 
  • RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, announced today the acquisition of Dobie Supply, LLC (“Dobie Supply” or “Dobie”).
  • Based in Austin, Texas, Dobie Supply is a premier supplier of traffic control devices and manufacturer of roadway and commercial signage.
  • “This partnership with Dobie Supply provides a significant opportunity for RoadSafe to expand its traffic control distribution business in the greater Texas market,” said Kevin O’Meara, CEO of RoadSafe.
  • “Since its founding, Dobie has established itself as a top-quality service provider and expanded its customer base across Texas.

Investcorp announces launch of a new Climate Solutions Investment Platform

Retrieved on: 
Friday, December 1, 2023
Carbon, Climate change, Food, Head, Climate Solutions Caucus, Investment, Conference of the Parties, Climate, History, Private sector, Party, Transport, Conference, Software, Cop, Growth, Paris Agreement, COP, Environment, Kingdom, Renewable energy, Investcorp

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- Investcorp, a global investment manager specializing in alternative investments, today announced the launch of its new Climate Solutions investment platform, anchored by Mumtalakat, the Kingdom of Bahrain's sovereign wealth fund, and other Bahrain-based institutions.

Key Points: 
  • NEW YORK, Dec. 1, 2023 /PRNewswire/ -- Investcorp, a global investment manager specializing in alternative investments, today announced the launch of its new Climate Solutions investment platform, anchored by Mumtalakat, the Kingdom of Bahrain's sovereign wealth fund, and other Bahrain-based institutions.
  • He added, "we are understandably proud to be launching our Climate Solutions Investment Platform on the eve of COP-28, at a critical point in time when world leaders, global and regional businesses, and the general public have come together to explore climate solutions.
  • James Socas , who joined Investcorp earlier this year as a Managing Director, will lead the business as Head of Climate Solutions.
  • The launch of the Climate Solutions Investment Platform further builds upon Investcorp's commitment to sustainability, by deploying value-added investment towards scaling up high-performing sustainable businesses, driving greater social impact, and allocating resources and capital to accelerate decarbonization both within the firm and across Investcorp's global investment portfolios.

Global Times: Experts laud BRI's contribution to regional cooperation, development as next 'golden decade' starts

Retrieved on: 
Monday, November 13, 2023
Belt, Policy, Gulf Cooperation Council, JA, Investcorp, Treasury, Financial services, Airport, Silk Road Fund, Interview, Real-time, BRI, Global Times, Multilateralism, Asian Infrastructure Investment Bank, Cryptocurrency, Renewable energy, Hong Kong

"Compared with other countries, the BRI accommodates the interests and concerns of all parties involved, and seeks a conjunction of interests and the 'biggest common denominator' for cooperation.

Key Points: 
  • "Compared with other countries, the BRI accommodates the interests and concerns of all parties involved, and seeks a conjunction of interests and the 'biggest common denominator' for cooperation.
  • InvestCorp CEO Hazem Ben-Gacem told the Global Times in an exclusive interview on Wednesday that the Gulf Cooperation Council has been one of the biggest beneficiaries of the BRI.
  • There are many opportunities for Chinese financial institutions and those from the Middle East to cooperate and finance some projects in the Middle East region, according to Ben-Gacem.
  • "In cooperation with the Asian Infrastructure Investment Bank, we recently invested in a water desalination plant in Abu Dhabi.

Antares Capital Closes $450 Million BSL CLO, Hires Three Executives to Support Continued Growth of Liquid Credit Team

Retrieved on: 
Tuesday, October 24, 2023
Banking, Asset Management, Professional Services, Finance, BBA, Avenue Capital Group, Investcorp, MBA, BA, High-yield debt, Wharton School of the University of Pennsylvania, Lisp (programming language), Growth, JPMorgan Chase, University of California, Irvine academics, UBS, Widener University Commonwealth Law School, CIT, University, Hofstra University, HPS, Investment, BSL, Capital, Security (finance), Antares, New York University

The close comes on the heels of three recent new senior hires to the firm’s New York-based Liquid Credit team, underscoring the firm’s continued growth in the space.

Key Points: 
  • The close comes on the heels of three recent new senior hires to the firm’s New York-based Liquid Credit team, underscoring the firm’s continued growth in the space.
  • “We’re pleased that our first BSL CLO was very well received by the market,” said Vivek Mathew, head of asset management for Antares.
  • As of June 30, 2023, the firm has approximately $12 billion of assets under management across 12 private credit CLOs.
  • Amid the strong momentum of its Liquid Credit platform, the firm also appointed three new senior executives, including:
    Rob Davis – Managing Director, Liquid Credit.

Bracewell Expands Corporate Team in Dubai With Addition of Kasia Lebiecki

Retrieved on: 
Tuesday, September 19, 2023
Shearman & Sterling, Abu Dhabi National Oil Company, HSBC, University, Postgraduate diploma, ADNOC, LLB, University of Law, Bracewell LLP, Environmental law, Bracewell, Investcorp, Shearman

Dubai, United Arab Emirates--(Newsfile Corp. - September 19, 2023) - Bracewell LLP announced today that Kasia Lebiecki has joined the firm's corporate and securities practice as a partner in the Dubai office.

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - September 19, 2023) - Bracewell LLP announced today that Kasia Lebiecki has joined the firm's corporate and securities practice as a partner in the Dubai office.
  • "We are excited to welcome Kasia to the firm," said Bracewell Managing Partner Gregory M. Bopp.
  • Lebiecki has extensive experience representing sovereign-owned, corporate and private equity clients on global M&A transactions, predominately in the energy sector.
  • In addition, Lebiecki was seconded with the strategic M&A team of HSBC, Hong Kong.