Banner Ridge Partners, a $7.3 billion private markets investment specialist, has received a growth investment from Investcorp’s Strategic Capital Group (ISCG).
Financial terms of the transaction were not disclosed.
The partnership with ISCG provides Banner Ridge with primary growth capital and follows the recent closing of Banner Ridge Secondary Fund V (BRP V) at its hard cap of $2.15 billion.
“This partnership with Investcorp comes at an exciting time for Banner Ridge as we seek to capitalize on the momentum of our recent fund close and execute upon investment opportunities across distressed, special situations and credit strategies in a market environment that our firm was built to thrive in,” said Anthony Cusano and C.J. Driessen, co-founders of Banner Ridge. “Investcorp’s Strategic Capital Group brings much more than capital. Their extensive network of investor relationships and complementary expertise will prove invaluable as we continue to grow o
