12 Mar 2018
Investcorp, a leading provider and manager of alternative investments, today announced its strategic partnership with Shoals Capital Management (“Shoals”), which currently manages approximately $160 million. Investcorp and other institutional investors, including a large U.S. pension plan, provided strategic capital to Shoals.
“We are excited to announce our investment with Shoals, as we believe it is one of the very few managers that measures the evolving regulatory framework’s impact on fundamental investment analysis across asset classes to inform portfolio decisions,” said Lionel Erdely, Head and Chief Investment Officer of Investcorp’s Alternative Investment Solutions Group.
“We are at an interesting point when deregulation will intersect with late stages of the credit cycle, amplifying winners and losers. Our multi-strategy approach and expertise across credit and equities will help us capitalize on this and uncover unique opportunities for our investors,” said Jeffrey Hinkle, Chief Investment Officer and Managing Partner of Shoals Capital Management.
Prior to launching Shoals, Mr. Hinkle worked at EJF Capital LLC (“EJF”) where he was the Senior Portfolio Manager of the Debt Opportunities Strategy, EJF’s flagship product, from inception in 2008 through early 2016. During his tenure, the strategy grew to a peak AuM of approximately $4.5 billion. Mr. Hinkle was a Partner and a member of EJF’s Executive Committee. At Shoals, Mr. Hinkle is joined by a very experienced team, which includes a number of other investment professionals who worked with him at EJF.
Investcorp’s Hedge Funds Partnership platform was launched in December 2004 to provide investors access to select investment talent with the backing of an institutional platform. Through this program, Investcorp works with select partners to provide initial seed and acceleration capital, and distribution capabilities to emerging managers with proven track records and differentiated strategies.