March 6, 2026
Manama, Bahrain – Investcorp, the global alternative investment firm, announced that its GP staking arm, Investcorp Strategic Capital Group (ISCG), has successfully closed commitments exceeding $1.25 billion for Investcorp Strategic Capital Partners II (ISCP II) and associated vehicles. This total includes $1.1 billion in fund commitments and an additional $155 million in co-investment capital.
The size of ISCP II represents a more than 75% increase compared to ISCP I, highlighting the differentiated nature of ISCG’s strategy and the strength of its relationships with limited partners (LPs). Following this fundraise, ISCG’s assets under management (AUM) now exceed $2.4 billion.
ISCP II received strong support from existing LPs, with most ISCP I investors increasing or maintaining their commitments. ISCG has also expanded its geographic reach, attracting new investors across Asia, Europe, Latin America, and the GCC, while deepening relationships with Wealth Managers, Registered Investment Advisors, Family Offices, and High Net Worth Individuals.
A subset of investors committed an additional $155 million for co-investment opportunities, with ISCG planning to offer further co-investments to LPs in future ISCP II deals. Beyond direct co-investments, ISCG has facilitated allocations into Partner GP funds.
Executive Insights
“Since launching our growth strategy a decade ago, Investcorp has proven itself as a value-added partner in the middle market across asset classes and regions,” said Mohammed Alardhi, Executive Chairman of Investcorp. “Our GP staking strategy exemplifies this approach, and we look forward to supporting more talented GPs to expand their reach and capabilities.”
Anthony Maniscalco, Managing Partner and Head of ISCG, added: “We are grateful for the conviction of our LPs who trust our platform to support middle-market GPs. ISCP II’s successful close reflects the strength of our strategy and global investor relationships. GP staking has become a core component of investor allocations, and we are excited to continue as an active partner to our portfolio.”
Supporting Middle-Market GPs
ISCG focuses on backing high-growth private capital managers in the middle market, defined as firms managing $1–10 billion in assets. The group provides comprehensive support to Partner GPs, including fundraising, strategy development, generative AI integration, technology, operations, human capital management, succession planning, and add-on acquisitions. ISCG has a dedicated seven-person internal capital formation team to assist Partner GPs with fundraising and expansion.
Since 2019, ISCG has backed over a dozen GPs across private equity, private credit, real assets, infrastructure, structured capital, and secondaries. ISCP II has already made three investments, with a fourth expected later this year, including Monomoy Capital Partners, MML Capital, Banner Ridge Partners, and Vauban Infrastructure Partners. Combined AUM of Partner GPs under ISCP II and its predecessor exceeds $105 billion, with plans to build a portfolio of approximately 10 Partner GPs for ISCP II.
About Investcorp
Founded in 1982, Investcorp is a global investment manager specializing in alternative investments across Private Equity, Real Assets, Credit, and Liquid Strategies. The firm manages approximately $60 billion in assets and operates from 14 offices worldwide, including the United States, Europe, the GCC, and Asia, employing around 500 professionals of over 50 nationalities. Investcorp invests alongside its clients, aligning interests across strategies and committing to responsible and sustainable value creation.
For more information, visit www.investcorp.com and follow @Investcorp on LinkedIn, X, and Instagram.
Media Contact:
Firas El Amine – felamine@investcorp.com
