Ex-Gucci Backer Investcorp Eyes American Infrastructure Deals
- Michael Ryder to lead infrastructure business in North America
- Bahrain-based Investcorp manages over $40 billion of assets
Manama, Bahrain
Photographer: Giuseppe Cacace/AFP/Getty Images
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Investcorp, the Middle East asset manager that made a name for itself backing luxury brands Tiffany & Co. and Gucci Ltd. in the 1980s and 1990s, is launching an investment platform focused on North American infrastructure.
The biggest alternative asset manager in the Middle East has hired a former Blackstone Inc. executive to lead the newly created unit, according to a statement. Michael Ryder joined Investcorp as a senior adviser at the infrastructure business, the statement said.