ICG related stories
All articles and analysis
Record unitranche deal sign of debt fund robustnessGSO’s underwriting of a €600m debt product is a positive sign that the market is increasingly confident in financing such large tickets.
- Chart of the week: Europe prefers its own debt
Only 17 percent of private debt funds closed by European managers have focused on regions outside the continent.
- British Business Bank appoints new CEO
Catherine Lewis La Torre, the former head of private equity at Cardano, has joined the government-owned institution as CEO as well as two non-executive directors.
- Axa IM’s latest CLO fund seeks to raise $300m annually
Axa IM Novalto_CLO Credit Fund focuses on investing in mezzanine debt tranches of CLOs. A pension fund has already committed $50m.
- ICG hits record AUM total
The firm raised €5.2bn in the last financial year – the majority from its established direct lending and European mezz vehicles - raising its total AUM to €21.6bn. But the firm faced challenges raising capital for its CLO and Asia-Pacific funds.
- £400m Northern Powerhouse debt fund tender launched
The British Business Bank is targeting investments in the North of England as part of its commitment to the Northern Powerhouse project. Loan sizes will be between £100k and £750k.
- ICG hires ABL expert for expansion – exclusive
Credit specialist ICG is bringing asset-based lending veteran Steven Osborne from Wells Fargo’s technology finance team in London on board to help it push into secured lending.
- ICG welcomes Swiss hotel schools with SFr170m
Eurazeo has tapped ICG to support its 100% acquisition of two Swiss hospitality schools.
- ICG invests in liquid credit business
ICG’s liquid credit head, Dagmar Kent-Kershaw, is to be replaced by Babson Capital high-yield specialist Zak Summerscale as part of push to grow that side of the business.
- PDI 2015 award winners revealed
Golub Capital, SSG Capital Management and ICG were named lenders of the year as the private debt industry honoured the best in class in our annual awards.