The organisation has hired a former senior manager from Credit Suisse to drive this business.

Investcorp, an asset manager based in Bahrain, has launched a unit that will take minority investment stakes in mid-sized fund management houses. The new entity, called Strategic Capital Partners, is hiring a former senior Credit Suisse figure to run it.

The firm has appointed Anthony Maniscalco who has over 25 years of experience and was formerly managing director and co-head of Credit Suisse’s Anteil Capital Partners business. Prior to Credit Suisse, he was on the leadership team of Blackstone Strategic Capital Holdings, a vehicle focused on acquiring minority interests in alternative asset managers. In his new role Maniscalco will be the managing partner and head of Strategic Capital Partners within the firm’s Absolute Return Investments group.   

The business will acquire minority equity stakes in the GPs of established alternative asset managers, including private equity, private debt, real estate, venture capital and hedge fund managers.