Investcorp announced a revised and deepened leadership structure, targeting greater coordination across investment strategies and geographies. As such, the Executive Chairman Mohammed Alardhi will assume additional responsibilities previously undertaken by the Co-CEOs, and the Executive Committee has been expanded and strengthened with representatives drawn from investment, fund raising and operations teams.
As part of this realignment, Rishi Kapoor has been appointed Vice Chairman and Chief Investment Officer to focus on delivering optimal performance for clients and shareholders, and Hazem Ben-Gacem is leaving the Firm effective 1st November 2024 but will continue in his role as a Vice Chairman of Investcorp Capital plc.
Additionally, Investcorp has consolidated and organized its investment activities under three global business verticals - Private Equity and Private Equity like, which will be led by Dave Tayeh; Real Assets (comprising Real Estate and Infrastructure), which will be co-led by Herb Myers and Mike O'Brien; and Credit, which will be led by Jeremy Ghose. Yusef Al-Yusef will be leading the Global Distribution Platform.