The platform debuted in 2005 to support emerging talent in the hedge fund industry. Investcorp provides between US$50 million and US$100 million in seed capital to the managers along with support for marketing and ongoing risk monitoring to avoid style-drift and other operational concerns.
Today, Investcorp has more than 30 institutional investors in the platform, which comprises six managers with a range of investing strategies.

"Reaching the US$2 billion milestone is a testament to the quality of the managers who have partnered with us," said Deepak Gurnani, managing director and co-head of hedge funds. "We screen hundreds of candidates in order to select only the most experienced managers for each investment strategy in the platform. In fact, we attribute much of the success of the platform to our careful manager selection process as well as to our continued focus on alpha generation."

The six managers currently included in the program are :
- Cura Capital Management, a fixed income relative value manager based in New York City, and led by Tom Schnepp;
- Interlachen Capital Group, a multi-strategy firm based in Minneapolis, Minn., and led by Andrew Fraley;
- Silverback Asset Management, a convertible arbitrage focused management firm based in Chapel Hill, N.C., and led by Elliot Bossen;
- Stoneworks Asset Management, a global macro investment platform based in London, and led by Max Trautman;
- Washington Corner Capital Management, a distressed and credit-based investment platform based in Florham Park, N.J. and led by Ed Banks; and
- WMG Asia, an Asian long/short equity strategy management firm based in Hong Kong, and led by Lena Tan.

"Investors truly value the commitment of capital from our own balance sheet, which fully aligns our interests with theirs," said Ibrahim Gharghour, managing director and co-head of hedge funds. "They also have a high regard for the operational oversight we provide to mitigate some of the real and perceived risks of investing in an early-stage fund."

The Single Manager Platform is part of Investcorp's larger suite of hedge fund solutions, which includes fund of funds, customized portfolios and structured products.

"We've tailored the program to the interests of sophisticated institutional investors that want to diversify their hedge fund holdings by including the industry's rising stars in their portfolios," said Gharghour.

About Investcorp
Investcorp's hedge funds team of more than 100 professionals oversees approximately US$8.0 billion in assets under management, of which approximately US$2.0 billion is proprietary capital. The firm has a 12-year-long track record of investing in hedge funds. Hank Murphy is the head of development for the Single Manager Platform.

Investcorp is a leading provider and manager of alternative investment products. It has offices in New York, London and Bahrain and is publicly traded on the London Stock Exchange (IVC) and Bahrain Stock Exchange (INVCORP). The firm has five lines of business: private equity, real estate, hedge funds, technology investments and Gulf growth capital. Founded in 1982, Investcorp has grown to become one of the largest and most diverse alternative investment managers in terms of both product
offerings and geography, and currently has approximately US$15 billion in invested assets under management.
www.investcorp.com