Investcorp, a global manager of alternative investment products, and Tages Capital, an alternative asset manager, agreed to form Investcorp-Tages, a global absolute return platform. Financial terms were not disclosed. “This combination underscores Investcorp’s commitment to continue to serve our investor base with a broader array of solutions across the globe. We believe that the JV with Tages will be optimally positioned for accelerated growth serving the evolving needs of investors for absolute return investments in the post-Covid landscape, with an expanded geographic footprint, deeper bench of talent and enhanced scale. The businesses are highly complementary with similar core values, focusing on best-in-class client service together with strong performance and alignment of interests,” Rishi Kapoor, Investcorp Co-Chief Executive Officer.