Boehly’s Eldridge Taps Investcorp Alum for Asset-Manager Deals

Eldridge Industries, the investment firm led by billionaire Todd Boehly, hired former Investcorp partner David Lee, according to people with knowledge of the matter.

At Eldridge, Lee will focus on providing capital to alternative-asset managers, said some of the people, all of whom asked not to be identified discussing an appointment that isn’t yet public. At Bahrain-based Investcorp, he worked for its arm that makes minority investments in alternative-asset managers, a business known as GP stakes.