Mergers & Acquisitions / Joint Ventures

Investcorp adds to seeding platform

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Investcorp has formed a strategic partnership with New York-based Prosiris Capital Management, a firm led by former Goldman Sachs managing director Reza Ali.

Prosiris is the latest investment adviser to join Investcorp’s Single Manager Platform, which has $1.6 billion in client and proprietary assets under management. Investcorp provides Prosiris with support and stable growth capital in addition to marketing and operational risk management support and oversight.

Prosiris specialises in long and short investments within the structured credit markets by managing portfolios of structured finance assets, corporate credits and credit derivatives.

“Investcorp has a deep understanding of structured credit