Investcorp announces leadership changes in credit business
Investcorp has made a series of new leadership appointments in its credit management business, as the alternative investment firm plans to grow its liquid credit investment strategies.
Neil Rickard, managing director and head of credit research in Europe, has been named co-head of Investcorp Credit Management (ICM) with responsibility for the European business, alongside Corey Geis, who is currently managing director and head of trading and capital markets in the US. Geis will be responsible for ICM’s US business. Both of these positions will become effective 1 April 2025.
Jeremy Ghose and Tom Shandell are set to retire from their current executive roles as global head of credit management and head of liquid credit investments in the US, respectively.
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Ghose will step down on 1 April to become non-executive chairman of the business until his retirement on 31 July 2025. Meanwhile, Shandell will continue to participate on the US credit investment committee until his retirement on 30 June 2025. The staggered departures are intended to ensure a smooth transition for both Rickard and Geis as they step into their new roles.
“I would like to thank Jeremy and Tom for their exemplary leadership of our credit management business,” said Mohammed Alardhi, executive chairman of Investcorp.
“They contributed immensely to our growth journey, and they have grown this strategy to where it now sits as one of the leading credit businesses globally.
“This is an exciting moment as we usher in a new generation of talent. Neil and Corey have shown their expertise in credit markets and have impressive pedigrees and long-established histories with the business.
“With them leading these liquid credit investment strategies, I am confident that we will continue to grow, particularly as this strategy has gained global momentum in recent years.”
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“It’s an exciting time with significant opportunities for tradable credit and private debt in Europe and the US,” added Rickard.
“With our deep breadth of capital markets relationships, Corey and I will continue to capitalize on Investcorp’s ability to source and trade investments, while looking towards sustainable and consistent growth for the business globally.”
Geis added that he has been impressed at the strength of the credit management team and its ability to source high quality investment opportunities across the US.
“As I take on this new position, in partnership with Neil, I look forward to continuing the work started by Jeremy and Tom that has established Investcorp as a leading global credit manager,” he said.
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