Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, December 02 2022 - 18:00
Investcorp To Aquire Marble Point Credit
NEW YORK, Dec. 2, 2022 /PRNewswire-AsiaNet/ -

- Investcorp AUM to reach $50 billion

- Combination will create top 15 global CLO manager

Investcorp, a leading global alternative investment firm, today announced it 
has agreed to acquire Marble Point Credit Management LLC (Marble Point), a 
leading US-based CLO manager. Specific terms of the transaction were not 

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"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 $50 billion in total firm assets under 
management after completion of this acquisition, Investcorp is well-poised for 
the next phase of its evolution and development," said Mohammed Alardhi, 
Executive Chairman of Investcorp.

With $7.8 billion of assets under management, Marble Point is a specialist 
asset manager focused exclusively on managing CLOs and portfolios of broadly 
syndicated leveraged loans. Marble Point is led by Thomas Shandell, a 38-year 
veteran of the credit markets, and Corey Geis, with 27 years of experience. 
Marble Point is an affiliate of Eagle Point Credit Management LLC.

"We are excited to be joining Investcorp," said Tom Shandell, who will lead the 
combined US CLO and broadly syndicated loans business for Investcorp. 
"Investcorp's credit business has been one of the primary engines in its 
impressive global expansion and provides an ideal platform to realize the next 
exciting phase of our continued growth and advancement as a leading credit 

"Our combined platforms represent a formidable player in the credit markets, 
significantly enhancing our profile in the eyes of capital markets 
participants," added Corey Geis, who will serve as Director of Capital Markets, 
Head Trader and Portfolio Manager at Investcorp.

Thomas Majewski, Founder and Managing Partner of Eagle Point added, "Over the 
past seven years, Tom and Corey have built Marble Point into a very strong 
platform. It has been an absolute pleasure working with them and I believe 
their new combined platform is well positioned for the future."

Upon closing of the transaction, Marble Point will be combined with Investcorp 
Credit Management, a global credit platform with $14.2 billion in assets under 
management and an 18-year history of investing across credit markets worldwide. 
The combined platform will manage $22 billion in assets and rank among the top 
15 CLO managers globally by AUM.

Rishi Kapoor, Co-Chief Executive Officer of Investcorp with oversight of its 
credit businesses said, "This is an exciting moment for us and we are looking 
forward to having Tom, Corey and the entire Marble Point team join us at 
Investcorp. This strategic acquisition reaffirms our commitment to continue to 
grow and expand Investcorp's credit management platform and be a leading global 
provider of an array of credit-focused products and solutions to our clients."

Jeremy Ghose, Global Head of Investcorp Credit Management, added, "This 
acquisition will result in a $22 billion total AUM credit management business 
with meaningful scale across both US and Europe, and we look forward to further 
growing the business."

The transaction, which is expected to close in the first quarter of 2023, is 
subject to customary regulatory requirements and closing conditions.

About Investcorp
Investcorp is a global investment manager, specializing in alternative 
investments across private equity, real estate, credit, absolute return 
strategies, GP stakes, infrastructure, and insurance asset management. Since 
our inception in 1982, we have focused on generating attractive returns for our 
clients while creating long-term value in our investee companies and for our 
shareholders as a prudent and responsible investor.

Investcorp has today 13 offices across the US, Europe, GCC and Asia, including 
India, China and Singapore. Currently, Investcorp Group has over $42.7 billion 
in total AUM, including assets managed by third party managers, and employs 
approximately 480 people from 50 nationalities globally across its offices.

For further information, visit and follow us 
@Investcorp on LinkedIn[], 
Twitter[] and 

About Marble Point Credit Management LLC
With $7.8 billion of AUM, Marble Point is a specialist asset manager focused 
exclusively on loans. Marble Point is led by Thomas Shandell (CEO and CIO), a 
38-year veteran of the credit markets, and Corey Geis (Director of Capital 
Markets and Head Trader), with 27 years of experience. Marble Point is the 
external manager of Marble Point Loan Financing Limited (LSE: MPLF). Marble 
Point is an affiliate of Eagle Point Credit Management LLC.

About Eagle Point Credit Management LLC
Eagle Point Credit Management is a specialist investment manager focused on 
investing in CLO Securities, Portfolio Debt Securities and other credit 
investments. Based in Greenwich, Connecticut, as of September 2022, Eagle Point 
manages over $7.3 billion of assets for institutional and retail clients 
globally. For further information, visit and 
follow us on LinkedIn[].

Media Contacts
Katherine Segura, Nada Abdulghani
+1 929-528-5248 (US), +973 17515467 (Bahrain) 

Marble Point and Eagle Point
Brian Ruby
+1 203-682-8268