Investcorp Holdings B.S.C. acquired 50% stake in Corsair Infrastructure Management, L.P. from Corsair Capital LLC on December 11, 2023. The firm is renamed to Investcorp Corsair Infrastructure Partners, L.P. Corsair?s Partner Hari Rajan, who has been serving as its Head of Infrastructure, will continue to lead the Infrastructure Business as the new Managing Partner of Investcorp Corsair. The team remains based in New York, with additional presence in London, Madrid, and Sydney. Berkshire Global Advisors acted as financial advisor to Investcorp.

Investcorp Holdings B.S.C. completed the acquisition of 50% stake inCorsair Infrastructure Management, L.P. from Corsair Capital LLC on December 11, 2023. Drew Harmon, Ryan Williams, Barrie B. Covit, Z. Charles Xu, David F. Whelan, Jonathan Goldstein, William J. Smolinski, Jennifer J. Levitt, Mimi C. Cheng, Richard J. Jamgochian and Lori E. Lesser of Simpson Thacher & Bartlett LLP acted as legal advisor to Corsair Capital LLC.