Investcorp and Tages merge absolute return businesses to create Investcorp-Tages Limited

Investcorp and Tages merge absolute return businesses to create Investcorp-Tages Limited

Investcorp-Tages Limited will be co-led by existing management, including Lionel Erdely, Head and CIO of Investcorp's ARI business, and Salvatore Cordaro, Founding Partner and CIO of Tages Capital.. Investcorp ARI and Tages Capital have no client overlap, and the combination provides an ideal opportunity for the JV to expand its client relationships.. Tages Capital and Investcorp ARI both have long track records of providing early capital to absolute return focused managers..