View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
October 19, 2021

Investcorp creates new business to offer investment services to insurers

By Verdict Staff

Alternative asset manager Investcorp has launched a new platform-centred business, dubbed Investcorp Insurance Solutions, to cater to the investment needs of insurers.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

Bahrain-based firm said that its new business will focus on providing investment management services to insurance companies.

Investcorp has hired Todd Fonner as CIO to lead the new business.

Fonner has over 28 years of experience in insurance and asset management industries and held various positions in functions across investments, treasury, enterprise risk, underwriting and strategy.

He joins Investcorp from Blackstone Insurance Solutions, where he was a senior managing director, and CIO North America until last year.

Fonner is said to have been instrumental in the development of Blackstone Insurance Solutions platform, which was set up in late 2017.

Before joining Blackstone, Fonner worked with RenaissanceRe Holdings for about 15 years and held key positions including CIO, treasurer, and chief risk officer.

Investcorp executive chairman Mohammed Alardhi noted that the formation of the new business is part of the firm’s evolving strategy of expanding its offerings to meet the evolving needs of clients.

Investcorp co-CEO Rishi Kapoor said: “I am excited to welcome Todd to Investcorp and believe the deep experience he brings within the insurance and asset management industries will be critical to our success in building out this new business.

“This is yet another testament to Investcorp’s commitment to uncovering opportunities with secular tailwinds and putting the right teams behind them to build and grow the platform as we continue to find ways to better serve our clients.”

Last month, Investcorp appointed Laura Coquis as global head of institutions to lead the firm’s capital raising initiatives across international institutional market.

In December 2020, it acquired a minority stake in private equity firm Centre Lane Partners through its Strategic Capital Group,  which purchases holdings in midsize general partners.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International