Investcorp, a prominent global alternative investment firm, has announced a leadership transition in its liquid credit investment strategies, effective April 1, 2025. Neil Rickard, currently Managing Director and Head of Credit Research in Europe, will become Co-Head for the European business. He will work alongside Corey Geis, Managing Director and Head of Trading and Capital Markets in the US, who will take on the role of Co-Head for the US business.

This transition comes as Jeremy Ghose and Tom Shandell retire from their executive positions after long and successful careers in credit investment management. Ghose will step down to become non-executive Chairman, while Shandell will continue to support the US credit investment committee until his retirement in June 2025. Both will ensure a smooth transition for Rickard and Geis.

Investcorp currently manages approximately $53 billion in total assets, with $23 billion allocated to credit investments. Executive Chairman Mohammed Alardhi expressed gratitude for Ghose and Shandell's leadership, noting their significant contributions to the growth of the Credit Management business. He emphasized confidence in Rickard and Geis, citing their expertise and long-standing history with Investcorp.

Outgoing Managing Partner Jeremy Ghose reflected on his tenure, stating that stepping back allows for the next chapter of the organization. He expressed gratitude to investors and colleagues for their support in building a strong foundation for future growth. Tom Shandell echoed similar sentiments, highlighting the strength of the US credit business and his confidence in Geis's leadership.

Rickard and Geis are poised to capitalize on opportunities in tradable credit and private debt markets in both Europe and the US. They aim to leverage Investcorp's extensive capital markets relationships to drive sustainable growth. Rickard has been with the Credit Management team in Europe since 2011, while Geis joined the US team in 2017, bringing nearly three decades of credit experience.

This leadership change marks a significant moment for Investcorp as it continues to evolve and adapt in the competitive credit investment landscape. The firm is well-positioned to maintain its status as a leading global credit manager under the new leadership team.