Investcorp Announces New Leadership for Liquid Credit
People | Jan 15, 2025 | Investcorp
Investcorp has announced a leadership transition in its liquid credit investment strategies, with Neil Rickard and Corey Geis appointed as Co-Heads for Europe and the US, respectively. This strategic transition follows the retirement of long-serving executives Jeremy Ghose and Tom Shandell, set to retire by July and June 2025. Investcorp, managing approximately $53 billion in assets, out of which $23 billion are credit investments, underscores the importance of this leadership change amid growing global momentum in credit markets. The new leadership aims to continue the strong growth trajectory established by their predecessors.
Sectors
- Alternative Investments
- Credit Management
Geography
- Europe – Neil Rickard will be responsible for the European liquid credit strategies, signifying Europe's relevance in Investcorp's operational geography.
- United States – Corey Geis will oversee the US operations, highlighting the importance of the US market in Investcorp's credit strategies.
- Global – Investcorp's influence extends globally, managing investments across various regions and indicating a broad international operational scope.
Industry
- Alternative Investments – Investcorp operates as a leading global alternative investment firm, engaging in credit management and other diversified investment strategies.
- Credit Management – The focus on liquid credit and broadly syndicated loans highlights the firm's involvement in credit management as a significant part of its investment focus.
Financials
- $53 billion – Total assets managed by Investcorp, indicating the firm's sizeable portfolio.
- $23 billion – The specific amount of assets managed in credit investments, showing Investcorp's substantial focus on this sector.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Investcorp | Private Equity Firm | Company | A global alternative investment firm overseeing a significant portfolio across various investment strategies. |
| Neil Rickard | Incoming Co-Head and Head of ICM Europe | Person | Promoted to Co-Head with responsibility for the European business of Investcorp's credit management. |
| Corey Geis | Incoming Co-Head and Head of ICM US | Person | Promoted to Co-Head with responsibility for the US business of Investcorp's credit management. |
| Jeremy Ghose | Outgoing Global Head of Credit Management | Person | Retiring after a long tenure with Investcorp, taking on a non-executive Chairman role until complete retirement. |
| Tom Shandell | Outgoing Head of Liquid Credit Investments in the US | Person | Retiring after serving as Head of US credit operations, continuing in a supporting role until retirement. |
| Mohammed Alardhi | Executive Chairman | Person | Executive Chairman of Investcorp, overseeing and guiding the strategic direction of the firm. |