Announced
Financials
Tags
Friendly
Majority
loan management
United States
Private
Private Equity
Domestic
Single Bidder
Pending
Cash-in-Transit
Acquisition
Synopsis
Investcorp, a global alternative investment firm, agreed to acquire Marble Point Credit Management, a collateralized loan obligations manager. Financial terms were not disclosed. "The proposed acquisition of Marble Point is a significant milestone in Investcorp's 40-year journey of growth through diversification, geographic expansion and building scale. With $50bn in total firm assets under management after completion of this acquisition, Investcorp is well-poised for the next phase of its evolution and development," Mohammed Alardhi, Investcorp Executive Chairman.
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