People Digest: Investcorp rejigs leadership team, Antares Ventures hires new partner

People Digest: Investcorp rejigs leadership team, Antares Ventures hires new partner

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Investcorp, a Bahrain-based alternative asset manager has reorganised its top management, while Singapore deep tech venture investor Antares Ventures has roped in a new partner.

Asset manager Investcorp overhauls top management

Bahrain-based alternative asset manager Investcorp has overhauled its top management.

The reorganisation will see executive chairman Mohammed Alardhi assuming the additional role of co-CEO following the announcement that Hazem Ben-Gacem is leaving the firm effective November 1 but will continue as vice chairman of Investcorp Capital.

Rishi Kapoor has also been appointed vice chairman and chief investment officer to focus on delivering optimal performance for clients and shareholders, as per the announcement.

Aside from the realignment, Investcorp has also consolidated and organised its investment activities under three global business verticals—private equity and private equity-like, which will be led by Dave Tayeh; real assets, which will be co-led by Herb Myers and Mike O’Brien; and credit, which will be helmed by Jeremy Ghose.

Investcorp has been increasingly betting big on Southeast Asian markets such as Thailand, Indonesia, and Singapore.

Antares Ventures names new partner

Antares Ventures, a deep tech venture capital firm based out of Singapore, has roped in Milena Nikolova as its new partner, according to LinkedIn post.

Nikolova said she will be joining Antares Ventures, to work alongside Michael Gryseels and Louis Christian Murayama, after a 3.5-year stint at Aera VC.

Nikolova’s LinkedIn profile shows she is the co-chair of the Climate Solutions Committee at the Singapore Venture & Private Capital Association and a Board of Trustees member of the Clean Air Fund.

Antares Ventures, backed by some of Southeast Asia’s largest groups, focuses on investment themes relevant to Asia’s growth markets, including energy transition, sustainable food and agriculture, sustainable cities, transport and infrastructure, industrial decarbonisation, and accessible healthcare.

Edited by: Pramod Mathew

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