27 Mar 2019
Investcorp, a leading global provider and manager of alternative investment products, today announced that John Fraser, Head of Investcorp’s U.S. Credit Management unit (“ICM US”), will be retiring and Jim Feeley will be stepping in as Co-Head of ICM US.
John joined Investcorp as part of the firm’s acquisition of 3i’s debt management business in 2017 and has since led the integration and build out of Investcorp Credit Management in the U.S. As part of the transition, John will continue to serve as an Advisor to ICM US over the next year.
“Under John’s leadership, the U.S. Credit Management business has grown remarkably over the last few years, as John has been instrumental in building this business and establishing its exceptional track record in the market. We thank him for his commitment to Investcorp and look forward to working with him as an advisor to our firm,” said Jeremy Ghose, Head of Investcorp Credit Management. “We are equally excited to welcome Jim to the ICM team. His expertise investing across credit markets combined with his experience building credit-oriented alternative asset management businesses will both enhance our team and support the continued success and evolution of our business.”
Based in New York, Jim will co-head the ICM US business and will report into Jeremy Ghose who will assume the duties of interim Co-Head of ICM US as part of the transition, in addition to his role as Head of Investcorp Credit Management.
Jim joins Investcorp with more than 25 years of experience in credit investing, asset management and investment banking. Most recently, Jim was a Senior Managing Director and Head of Credit and Structured Credit at Medley Management Inc., where he built their tradable credit investment and CLO opportunity businesses. Prior to Medley, Jim served as Founding Managing Partner of White Squall Capital Partners and CastleHill Investment Management as well as Founding Partner of FriedbergMillstein’s credit strategies business.
Investcorp Credit Management is a leading global credit manager with assets under management of over $11 billion. Based in London, New York and Singapore, the business manages funds that invest primarily in senior secured corporate debt issued by mid and large-cap corporates in Western Europe and the U.S.