Bringing you live news and features since 2006 

Lionel Erdely, Investcorp

Investcorp adds Steamboat Capital Partners to Hedge Funds Partnerships Platform

RELATED TOPICS​

Investcorp has formed a strategic partnership with Steamboat Capital Partners (Steamboat), a long-short investment firm, through its Hedge Funds Partnerships platform.

As part of the relationship, Investcorp provided additional capital to Steamboat to accelerate growth and raise assets under management, which are approximately USD290 million.
 
“Steamboat will be an excellent addition to our Hedge Funds Partnerships platform as they exhibit key differentiators through their unique investment style and philosophy. We look forward to working together to achieve the firm’s goals and ultimately deliver results to our clients,” says Lionel Erdely (pictured), Head and Chief Investment Officer, Investcorp Alternative Investment Solutions.
 
“We are thrilled to be partnering with Investcorp who has a long and successful track record in working with emerging managers. Their strategic advice and experience will assist us in meeting our goals as we embark on our next phase as an investment firm,” says Parsa Kiai, Founder, Managing Partner and Portfolio Manager of Steamboat Capital Partners.
 
Steamboat was founded in 2012 by Parsa Kiai and is a long-short, fundamental, value-oriented investment firm that specialises in undervalued and catalyst-driven investments. The firm’s investment process seeks to capitalise on market dislocations, while maintaining a margin of safety for its investors. Prior to launching Steamboat Capital Partners, Kiai spent four years as a Partner at Sonterra Capital and three years as a Senior Analyst at Perry Capital, where he was responsible for coverage of the energy sector. Prior to joining Perry Capital in 2005, Parsa was an Analyst in the Investment Banking Division at Goldman, Sachs & Co. in the Industrials and Natural Resources Group, where he began his career.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by