Investcorp wades into US middle market with CM buy
Investcorp announced Wednesday night that it will acquire middle market investment firm CM Investment Partners, marking the $26bn investment manager’s entry into the US middle market.
Investcorp Credit Management will purchase shares in CM from affiliates of Cyrus Capital Partners and Stifel Venture Corp., making it the majority owner, while co-CIOs Michael Mauer and Christopher Jansen will maintain minority ownership interests."Investcorp's acquisition of CMIP is a strategic milestone for us as we ...
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