Investcorp and Tages merge absolute return businesses to create Investcorp-Tages Limited – Times of Oman

  • Date: 07-May-2020
  • Source: Times of Oman
  • Sector:Economy
  • Country:Oman
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Investcorp and Tages merge absolute return businesses to create Investcorp-Tages Limited – Times of Oman

Panfilo Tarantelli, Chief Executive Officer and Founding Partner of Tages said, "Tages and Investcorp are ideal partners with long histories of performance generation and cultures of excellence.. 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.. We will be able to offer a broader array of absolute return investment solutions across strategies and markets.. Investcorp-Tages Limited will also be able to leverage both organisations' ESG initiatives as it continues to focus on sustainable investments by launching new products targeting a positive and measurable social impact..