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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at

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Investcorp Seeds HF Launched by Former Och-Ziff Employees

Jul 16, 2013
Jing Chen

The hedge fund firm founded by former Och-Ziff Capital Management employees has received seed capital from London-based alternative manager Investcorp.

According to a joint statement,  Bahrain-based Investcorp invested an undisclosed amount to Matthew Taylor and Ty Popplewell’s event-focused equity Kortright Capital Partners. Investcorp, which typically invests startup capital of $50 million to $100 million to alternative investment firms, allocated a total of $2 billion in five hedge funds through its seeding program.

Based in New York, Kortright has about $75 million in assets. It seeks to profit from corporate events such as mergers, spinoffs and acquisitions. Investcorp, which had $11.5 billion in assets as of December 31, runs its hedge fund operations out of New York.

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