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Investcorp’s First RIA Play Focused on ‘Mass Affluent’
['Alex Ortolani', 'Senior Reporter', 'Wealth Management']
wealthmanagement
There is a lot of marketing material being pushed out these days touting registered investment advisors’ expertise with upper-high-net-worth clients.
But for alternative investment manager Investcorp, its first foray into the wealth space focuses on another growing segment: the mass affluent who need financial advice.
“Berger has done that very successfully over a long period of time, and that’s what got us really excited about the specific opportunity.”
Investcorp’s private equity division has been well stocked to go investment hunting in the North American market.
“We love this sector,” Bourchtein said.