Investcorp and Tages Group announced they have created a 50/50 joint venture through merging Investcorp’s Absolute Return Investments business and Tages Capital, the absolute return subsidiary of Tages Group.
Both firms are well known for their multi-manager product lines and are known for their expertise in sourcing and selecting hedge fund managers.
Investcorp-Tages limited leverages Tages Capital’s and Investcorp ARI’s investment expertise and complementary footprints in seeking to create a global absolute return platform with more than $6 billion in assets, including customized portfolios, seeding and other investment solutions . . .
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