Investcorp Names David Tayeh as Head of Corporate Investment - North America

NEW YORK, Aug. 3, 2015 /PRNewswire/ -- Investcorp, a leading global provider and manager of alternative investment products, today announced that David Tayeh has joined the firm as the head of its Corporate Investment business in North America. 

Mr. Tayeh joins from CVC Capital Partners, where he was a partner and led private equity deals that focused on partnering with management to create long-term value. He will be responsible for the strategy and management of Investcorp's Corporate Investment team focused on investment opportunities in North America headquartered companies with leading positions in their industry, strong track records of growth and cash flow, and led by best – in – class management teams.  

In the last year, Investcorp has made a number of new investments in North America including the acquisition of Nobel Learning, PRO Unlimited and Totes Isotoner. During this period, the firm has also concluded several successful exits including Berlin Packaging, FishNetSecurity and SourceMedia.

Commenting on the hire, Savio Tung, Investcorp's Chief Investment Officer said, "We are pleased to have Dave rejoin us as we grow the Corporate Investment franchise for Investcorp in North America. Dave has overseen a series of major transactions and will provide real depth in the market. We're confident he'll bring energy, value and strong leadership to the Corporate Investment team."

Mr. Tayeh said, "I'm excited to rejoin Investcorp, an established leader with a long track record in the middle market. Investcorp is poised for growth, and I look forward to building on that momentum and the opportunity to work with a strong and motivated team of partners and colleagues." 

Mr. Tayeh joins Investcorp with 20-plus years of industry experience. David was previously a member of the Investcorp Corporate Investment team for over 10 years, and also was the Senior Vice President and Chief Financial Officer of Jostens, Inc., a former Investcorp portfolio company.  He holds a BA degree in Politics, Economics, Rhetoric and Law from the University of Chicago and an MBA from the Wharton School of Business at the University of Pennsylvania.

About Investcorp: Investcorp is a leading provider and manager of alternative investment products and is publicly traded on the Bahrain Bourse (INVCORP). The Investcorp Group has offices in New York, London, Bahrain, Saudi Arabia and Abu Dhabi. Investcorp has three business areas: corporate investment in the U.S., Europe and the Gulf, real estate investment in the U.S and global hedge funds. As at December 31, 2014, the Investcorp Group had approximately $11 billion in total assets under management ('AUM'), including assets managed by third party managers where Investcorp receives fees calculated on the basis of AUM. Further information, including our most recent periodic financial statements, which details our assets under management, is available at www.investcorp.com.

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SOURCE Investcorp