Investcorp: more institutions managing own hedge portfolios

But “cutting out the middleman” leaves room for co-investing


Lionel Erdely doesn’t believe in Bigfoot or Santa Claus. Nor does he believe all hedge fund returns are alpha.
As chief investment officer and head of hedge funds at New York-headquartered Investcorp, Erdely champions a scientific approach to hedge fund investing rooted in objective research.
“This is extremely important to me as an investment philosophy and it’s something we’re clearly focused on at Investcorp. Our investment decisions are based on extensive top-down, bottom-up and cross-asset