Former Investcorp CIO launches alternative risk premium firm

ARP Investments offers cut-price exposure to popular hedge fund strategies

wall street and exchange

The former chief investment officer of Investcorp's hedge fund business has resurfaced with a new venture that aims to provide institutional investors with hedge fund returns at a fraction of the cost.

Deepak Gurnani, who retired from Investcorp last year after 20 years at the firm, launched ARP Investments with DeWayne Louis and Ludger Hentschel. Previously, Louis was a principal at Investcorp responsible for hedge fund business development, while Hentschel was head of quantitative research at