Hedge Funds

Investcorp Announces Strategic Investment In Mercury Capital Advisors

by vcaonline.com posted 1year ago 63 views
NEW YORK, May 23, 2019-- Investcorp, a leading global provider and manager of alternative investment products, today announced it has entered into a definitive agreement to acquire Mercury Capital Advisors (Mercury), one of the world's leading institutional capital raising and investment advisory enterprises. As part of the transaction, Mercury will remain an independent business operating under its current leadership team. Terms of the transaction were not disclosed, and subject to receipt of relevant external approvals the transaction is expected to close in the third quarter of 2019.