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Announced

Investcorp to acquire a stake in Centre Lane Partners.

Synopsis

Investcorp, a global manager of alternative investment products, agreed to acquire a stake in Centre Lane Partners, a private equity firm. Financial terms were not disclosed. "This transaction is a notable milestone for Centre Lane and we believe it will position us to even better serve our investors by further investing in our business as we continue to grow our existing strategies. Investcorp is a global leader in the middle market, shares our vision for providing best-in-class investment services, and we are delighted to have them as a supportive long-term partner," Quinn Morgan and Ken Lau, Centre Lane Co-Founders and Managing Directors.

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