Industry News

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

News Archive

Read More Industry News >

Investcorp Adds Hedge Fund Industry Veteran

Oct 14, 2013
Jing Chen

Alternative manager Investcorp said in a statement Monday that it has appointed a hedge fund industry veteran to lead the firm’s hedge fund group.

As the new head of hedge funds and chief investment officer of Investcorp’s New York-based hedge fund unit, Lionel Erdely will be responsible for overseeing the group's strategic direction and investment decisions, as well as managing all day-to-day operations. In addition, he will be a member of the firm's management committee.

Erdely was most recently the chief investment officer of French firm Lyxor Asset Management, a subsidiary of French bank Societe Generale, where he served since 2004.

Investcorp’s hedge fund unit had approximately $4.2 billion in assets under management as of June 30, which includes $2 billion allocated to the firm’s hedge fund seeding business. It has offices in New York, London, Bahrain and Saudi Arabia.



Read More Industry News >

Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now

Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More