Investcorp and Corsair Capital announced Investcorp?s entry into the global infrastructure investment asset class with the successful completion of its acquisition of a 50% stake in Corsair?s infrastructure business (the ?Infrastructure Business?). The acquisition was consummated through the establishment of Investcorp Corsair Infrastructure Partners (?Investcorp Corsair?), a new entity jointly owned by Investcorp and Corsair that comprises the Infrastructure Business? existing funds, investments, and team, and which will continue to pursue a highly differentiated and scalable investment strategy in transportation, logistics, and associated infrastructure subsectors.

Investcorp Corsair will capitalize on the strong and growing demand for infrastructure assets around the world, and on the private markets experience of both Corsair and Investcorp. The business leverages a unique model that blends operating platforms with equity sponsorship, as well as a market-leading profile in infrastructure investing, including as financial sponsor of the landmark redevelopments of John F. Kennedy International Airport Terminal 6 and LaGuardia Airport Terminal B in New York.