Investcorp's Strategic Capital Group (ISCG) has taken a minority stake in middle-market special situations credit specialist Marblegate Asset Management.
Under the terms of the agreement, ISCG will be a passive, non-voting partner to Marblegate. There will be no changes to Marblegate's strategy, execution of its investment processes nor day-to-day operations in connection with the partnership. Marblegate’s management team, consisting of co-founders Paul Arrouet, managing partner, and Andrew Milgram, managing partner and chief investment officer, will remain intact.
The amount of the stake and the terms of the . . .
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