Investcorp Hedge Funds Wins Two Prestigious Awards
Investcorp, the asset management firm specialising in alternative investments, today announced that two of the managers in its single manager program have received accolades from their industry peers. An Investcorp Interlachen Capital Group fund has received the Hedgeweek 2010 award for the best ‘Multi-Strategy Fund’, and an Investcorp Silverback Asset Management fund has been ranked number one in ‘The Barclays Managed Funds Q1 Report’ for the ‘Top 10 Convertible Arbitrage Manager - Past Three Years’.
Mohammed Al-Shroogi, Investcorp’s President of Gulf business, said: “Gulf investors are looking at the hedge fund asset class with more interest and our long track record, assets under management, strong risk management and, of course, growing number of industry awards will only serve to increase their confidence in our range of hedge fund products.”
Deepak Gurnani, head of Investcorp’s hedge funds business, said: “Investcorp’s hedge fund business has been performing extremely well in the current financial year and these accolades are a tribute to the team.”
Investcorp’s hedge fund business currently manages, on behalf of Investcorp’s private and institutional clients, a range of funds of hedge funds and structured fund products. The underlying hedge fund managers invest in a variety of liquid financial instruments, including equities, bonds, and derivatives. In addition, through the Investcorp Single Manager Platform, Investcorp provides investors with access to experienced individual hedge fund managers across a range of hedge fund strategies.