Investcorp Adds Steamboat Capital Partners To Its Hedge Funds Partnerships Platform

"Steamboat will be an excellent addition to our Hedge Funds Partnerships platform as they exhibit key differentiators through their unique investment style and philosophy. We look forward to working together to achieve the firm's goals and ultimately deliver results to our clients," said Lionel Erdely, Head and Chief Investment Officer, Investcorp Alternative Investment Solutions.

"We are thrilled to be partnering with Investcorp who has a long and successful track record in working with emerging managers. Their strategic advice and experience will assist us in meeting our goals as we embark on our next phase as an investment firm," said Parsa Kiai, Founder, Managing Partner and Portfolio Manager of Steamboat Capital Partners.

Steamboat was founded in 2012 by Parsa Kiai and is a long-short, fundamental, value-oriented investment firm that specializes in undervalued and catalyst-driven investments. The firm's investment process seeks to capitalize on market dislocations, while maintaining a margin of safety for its investors. Prior to launching Steamboat Capital Partners, Mr. Kiai spent four years as a Partner at Sonterra Capital and three years as a Senior Analyst at Perry Capital, where he was responsible for coverage of the energy sector. Prior to joining Perry Capital in 2005, Parsa was an Analyst in the Investment Banking Division at Goldman, Sachs & Co. in the Industrials and Natural Resources Group, where he began his career.

Investcorp's Hedge Funds Partnership platform was launched in December 2004 to provide investors access to select investment talent with the backing of an institutional platform. Through this program, Investcorp together with select partners provides initial seed and acceleration capital, and distribution capabilities to emerging managers with proven track records, differentiated strategies and downside protection. As of June 30th 2017, Investcorp Group had $21.3 billion in program assets.

About Investcorp

Investcorp is a leading global provider and manager of alternative investments, offering such investments to its high-net-worth private and institutional clients on a global basis. Led by a new vision, Investcorp has embarked on an ambitious, albeit prudent, growth strategy. The Firm continues to focus on generating investor and shareholder value through a disciplined investment approach in four lines of business: corporate investment, real estate, alternative investment solutions and credit management. 

As at June 30, 2017, the Investcorp Group had $21.3 billion in total AUM, including assets managed by third party managers and assets subject to a non-discretionary advisory mandate where Investcorp receives fees calculated on the basis of AUM.

Since its inception in 1982, Investcorp has made over 170 corporate investments in the U.S., Europe and the Middle East and North Africa region, including Turkey, across a range of sectors including retail and consumer products, technology, business services and industrials, and more than 450 commercial and residential real estate investments in the US, for in excess of $55 billion in transaction value.

Investcorp employs approximately 390 people across its offices in New York, London, Singapore and the Gulf. For further information, including our most recent periodic financial statements, which details our assets under management, please visit:  www.investcorp.com.

Media Contacts:

Investcorp
Firas El Amine
+973 39987838
[email protected]

Prosek Partners
Catherine Wooters
212.279.3115 x 287
[email protected]

SOURCE Investcorp

Related Links

http://www.investcorp.com