04/08/2015 15:24 AST

Investcorp, a leading provider and manager of alternative investment products, has appointed David Tayeh as the head of its corporate investment business in North America.

Tayeh joins from CVC Capital Partners, where he was a partner and led private equity deals that focused on partnering with management to create long-term value, said a statement.

He will be responsible for the strategy and management of Investcorp’s corporate investment team focused on investment opportunities in North America headquartered companies with leading positions in their industry, strong track records of growth and cash flow, and led by best–in–class management teams.

Mohammed Al-Shroogi, co-chief executive officer, said: “I am pleased to welcome David back to Investcorp as we grow our corporate investment business in North America.

""David has extensive experience and will provide real depth in the market. I look forward to working with him and I am confident he will bring energy, value and leadership to the team.”

Tayeh joins Investcorp with more than 20 years of industry experience. He was previously a member of the Investcorp Corporate Investment team for over 10 years, and also was the senior vice president and chief financial officer of Jostens, a former Investcorp portfolio company.


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