Investcorp Hedge Funds Group Adds Managing Director to its Business Development Team
NEW YORK, April 1, 2015 /PRNewswire/ -- Investcorp, a leading provider and manager of alternative investment products with approximately $11 billion in assets under management, today announced that Jennifer Cahill has joined the firm's Hedge Funds business as a Managing Director within its Business Development team. Ms. Cahill will be responsible for business development of hedge fund solutions focusing on North American institutions.
Commenting on the hire, Mr. Lionel Erdely, Head and Chief Investment Officer of the Hedge Funds Group at Investcorp said, "We are very pleased to welcome Jennifer to Investcorp. We have strong plans to further develop products, launch new innovative offerings for our clients, and significantly grow our platform. Jennifer, with her solid experience is a high-caliber addition to the team and will play a key role in our efforts."
Ms. Cahill joins Investcorp with over 11 years of industry experience. Before joining the firm, Ms. Cahill served as the Chief Marketing Officer at Atlantic Investment Management. Prior to joining Atlantic, she was a Managing Director and Partner at Protege Partners, where she was responsible for fundraising and strategy for their Fund of Funds and direct Hedge Fund. Previously, she also served as a Marketing Associate at Pequot Capital and as an Associate at Goldman Sachs and Co. Ms. Cahill had a successful start to her career at General Electric where she spent six years in several business development roles. She holds a BSc in Industrial and Systems Engineering from the University of Florida and an MBA in Finance and Entrepreneur Management from The Wharton School of the University of Pennsylvania.
About Investcorp
Investcorp is a leading provider and manager of alternative investment products and is publicly traded on the Bahrain Bourse (INVCORP). The Investcorp Group has offices in New York, London, Bahrain, Saudi Arabia and Abu Dhabi. Investcorp has three business areas: corporate investment in the US, Europe and the Gulf, real estate investment in the US and global hedge funds. As at December 31, 2014, the Investcorp Group had approximately $11 billion in total assets under management ('AUM'), including assets managed by third party managers where Investcorp receives fees calculated on the basis of AUM. Further information, including our most recent periodic financial statements, which details our assets under management, is available at www.investcorp.com.
SOURCE Investcorp
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