Investcorp announces close of second GP staking fund with $1.1bln in commitments

Investcorp closes second GP staking fund at $1.1 billion

Investcorp today announced that its GP staking arm, Investcorp Strategic Capital Group (ISCG), has closed on commitments of over $1.25 billion to Investcorp Strategic Capital Partners II and associated vehicles (together, “ISCP II”), inclusive of $1.1 billion of fund commitments and an additional $155 million of committed co-investment capital. ISCP II closed at a size more than 75% higher than that of ISCP I in a highly selective fundraising en…

Investcorp picks up more than $1.25bn to close second GP staking fund

The GP staking arm of global alternatives firm Investcorp has raised more than $1.25bn for its sophomore fund and related vehicles. The post Investcorp picks up more than $1.25bn to close second GP staking fund appeared first on AltAssets Private Equity News.

Investcorp announces close of second GP staking fund with $1.1bln in commitments

ISCP II closed at a size more than 75% higher than that of ISCP I in a highly selective fundraising environment for private markets