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 FORMER GOLDMAN SACHS EXECUTIVES RISHI CHADDA AND CYRUS POURAGHABAGHER BRINGGLOBAL MACRO FIXED INCOME EXPERTISE TO INVESTCORP'S SINGLE MANAGER PLATFORMNEW YORK,  Oct. 4, 2012  /PRNewswire/ -- Investcorp, the internationalalternative asset manager, and Kingsguard Advisors, LP, a  New York-basedinvestment firm founded by former Goldman Sachs senior executives,  Rishi Chadda and Cyrus Pouraghabagher, today announced a strategic partnership that willoffer Kingsguard support and stable growth capital while providing Investcorpand its investors access to a global macro-driven fixed income strategy.Kingsguard will become the latest investment advisor to join Investcorp's SingleManager Platform, which now has six single managers with a total of over  $1.8billion  in assets under management. Investcorp will provide Kingsguard with aninitial investment as well as risk oversight, marketing, and operationalsupport. Investcorp historically provides initial seed capital ranging from  $50million to $100 million  in funds to be managed by the single managers.Kingsguard will focus on capitalizing on market opportunities across the entirefixed income spectrum including the rates, volatility, credit, and mortgagemarkets. The Kingsguard team has deep expertise in macro analysis, fixed incometrading, and fundamental and technical research."We are delighted to partner with Rishi and Cyrus, and to have their level ofspecialization and expertise in global macro fixed income strategies availableon the Single Manager Platform," said  Deepak Gurnani, Investcorp's head ofhedge funds and Chief Investment Officer. "We've held the view for a long timethat emerging managers have the ability to play an important role in themanagement of an investor's portfolio. Our partnership with Kingsguard providesInvestcorp and our investors with exposure to an emerging manager with insightinto opportunities across a full range of fixed income products."Messrs. Chadda and Pouraghabagher have combined 28 years of experience atGoldman Sachs, where they focused extensively as principal risk takers acrossliquid fixed income products, mortgages and structured credit markets."We're excited about the opportunity to partner with Investcorp, which has astrong record of success seeding early stage investment funds such asourselves," said Mr. Chadda.  Mr. Pouraghabagher added: "Investcorp provides the investment and operationalrisk management support necessary to grow our firm so that we can focus ondelivering alpha to our investors."Most recently, Mr. Chadda managed a multibillion dollar proprietary portfolio ashead of Goldman Sachs' Liquid Products Group, and focused primarily on fixedincome interest rate products including governments, futures, derivatives andmortgage securities.  Mr. Pouraghabagher led Goldman Sachs' Mortgage Derivatives and Non-Agency RMBStrading desks. He was instrumental in navigating the firm through the 2007 /2008 credit crises as lead manager of the firm's multi-billion dollarsubordinate credit risk across residential mortgages.  "Kingsguard's macro approach to fixed income investing is very well positionedto succeed in the current market environment," said  Nick Vamvakas, head ofdevelopment for Investcorp's single manager platform. "Rishi and Cyrus have atremendous amount of relevant experience that will serve them and our investorswell."Kingsguard will officially launch operations on  November 1st. The investmentteam is led by Messrs. Chadda and Pouraghabagher who began their careerstogether as analysts in the Mortgage Department at Goldman Sachs and workedtogether in various positions over the past 15 years.   About KingsguardBased in  New York, Kingsguard Advisors, LP is a global macro-driven fixedincome investment firm that seeks to generate profits from opportunities acrossthe entire fixed income spectrum including: rates, volatility, credit andmortgage markets. The firm is designed to create consistent value for itsinvestors across market cycles with a strong emphasis on capital preservation.  About InvestcorpInvestcorp is a leading provider and manager of alternative investment products.Investcorp has offices in  New York,  London  and  Bahrain  and is publiclytraded on the Bahrain Bourse (INVCORP). Investcorp has three main businessareas: corporate investment in the US,  Europe  and the Gulf, real estateinvestment in the US and global hedge funds. As at  June 30, 2012, Investcorphad  $11.5 billion  in assets under management. Further information is availableat  
  www.investcorp.com.
 SOURCE  InvestcorpJames Cheston, FTI Consulting (New York), +1-212-850-5675,Jim.cheston@fticonsulting.com; or Firas El Amine, Investcorp (Bahrain),+973-3998-7838, felamine@Investcorp.com