Investcorp’s strategic capital group has entered into a partnership with Marblegate Asset Management, an alternative investment firm that invests in credit opportunities and special situations.
“We are delighted to bring on a highly complementary minority partner with the skills and experience of a global leader like Investcorp,” remarked Andrew Milgram, managing partner and chief investment officer of Marblegate.
“We believe that Marblegate is highly differentiated from its peers in the middle market credit space with its focus on bringing innovative solutions to event-driven and distressed opportunities,” stated Anthony Maniscalco, managing partner and head of ISCG. “We look forward to supporting the team as Marblegate further distinguishes itself in the market.”
“This additional long-term capital will help position Marblegate for continued success across our credit platform,” added Paul Arrouet, managing partner at Marblegate.
Seward & Kissel LLP represented Marblegate.