|06 March, 2019

Investcorp Announces Nut Tree Capital Management Reaches $1 Billion in AUM

Provided Initial Seed Capital Through Investcorp's Hedge Fund Partnership Platform

Lionel Erdely

Lionel Erdely

Bahrain: Investcorp, a leading global provider and manager of alternative investment products, today announced that one of the alternative managers within its Hedge Fund Partnership platform, Nut Tree Capital Management, LP (“Nut Tree”), has reached $1 billion in assets under management. Investcorp first announced its strategic relationship with Nut Tree in late 2015. 

“We congratulate the talented team at Nut Tree for achieving this notable milestone,” said Lionel Erdely, Head and Chief Investment Officer, Absolute Return Investments at Investcorp. “From the first day we met Jed and his team back in 2015, we have been confident in the firm’s holistic approach across the capital structure, focus on fundamental research and portfolio construction, and deep experience in managing portfolios and teams.”

Based in New York, Nut Tree is an opportunistic alternative credit investment manager that launched in February 2016 with $100 million in assets under management, anchored by strategic capital from Investcorp. It is led by Founding Partner and Chief Investment Officer Jed Nussbaum who was previously a partner at Redwood Capital, a distressed credit manager. Jed has over 18 years of experience as an investor in the alternative credit markets.

Investcorp launched its Hedge Funds Partnership platform in 2004 as one of the first of its kind within the alternative asset management space. The platform, which sits within Investcorp’s Alternative Return Investments business, provides seed and acceleration capital and distribution capabilities to emerging managers with proven track records and differentiated strategies. To date, Investcorp has provided seed or acceleration capital to 20 managers across a broad range of strategies. The most recent addition to the platform was Shoals Capital Management L.P. which was seeded in 2018 and currently has $350 million in AUM.

– Ends –

About Investcorp
Investcorp is a leading global manager of alternative investments. Led by a new vision, Investcorp has embarked on an ambitious, albeit prudent, growth strategy. The Firm continues to focus on generating value through a disciplined investment approach in four lines of business: private equity, real estate, absolute return investments and credit management.

As at December 31, 2018, the Investcorp Group had US$22.5 billion in total AUM, including assets managed by third party managers and assets subject to a non-discretionary advisory mandate where Investcorp receives fees calculated on the basis of AUM.

Since its inception in 1982, Investcorp has made over 185 Private Equity deals in the U.S., Europe, the Middle East and North Africa region and Asia, across a range of sectors including retail and consumer products, technology, business services and industrials, and more than 600 commercial and residential real estate investments in the US and Europe, for in excess of US $59 billion in transaction value.

Investcorp employs approximately 400 people across its offices in Bahrain, New York, London, Abu Dhabi, Riyadh, Doha, Mumbai and Singapore. For further information, including our most recent periodic financial statements, which details our assets under management, please refer to:


Media Contacts
Firas El Amine
+973 3998 7838

Brunswick Group
Celine Aswad
+971 4 446 6270

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases