Investcorp is expanding its credit business

Suhail Shaikh comes on board and Rishi Kapoor discusses the place of debt in the firm’s strategy.

Investcorp, a multinational alternative investment firm founded in 1982, is expanding its private credit business under Mike Mauer and a new hire, Suhail Shaikh.

In an interview earlier this month, Rishi Kapoor, the co-chief executive officer of Investcorp with oversight of its credit businesses, objected to the use of the word “pivot” in connection with the expansion.