ICG related stories
All articles and analysis
ICG launches Australian senior loans businessIntermediate Capital Group has hired the National Australia Bank’s Matthew Turner to lead its new Sydney-based, Australia-focused senior loans business.
- ICG builds team for debut US fund
The firm announced in December the hiring of former Blackstone executive Sal Gentile to head its North American efforts and is adding to the US-based team.
- There will be a return to fundamental investing
In October, London-listed global mezzanine debt provider Intermediate Capital Group (ICG) closed its second Asia-Pacific fund on $1 billion, below the fund's original target. Here, managing director Chris Heine discusses how the market mayhem has affected the fundraising and the outlook for his business.
- Down in size, but not out
With many global banks cutting back on leveraged finance activities in the Asia-Pacific region, it would be easy to assume the buyout market is grinding to a halt. But in fact, while mega-buyouts are out of the question, the small- and mid-market segments are alive and well – or will be once purchase prices come down. Jenny Blinch reports.
- Patience pays
The exodus of foreign GPs from Japan over the last few months shows many have been unable to endure the wait required to see this notoriously tough private equity market fulfil its potential. However, not everyone there is faring badly – and the economic downturn may even be opening more doors for private equity. Emma Cusworth reports.
- ASIA IN BRIEF
ASIA IN BRIEF 2009-01-01 Staff Writer Global private equity firm The Blackstone Group has signed a memorandum of understanding with the W229 trillion ($183 billion) National Pension Service, to invest up to $2 billion alongside it in undervalued stocks, bonds and real estate in the K
- JPEL raises $75m for secondaries deals
The listed fund of funds surpassed its target, selling shares at or above its current stock price.
- Electra raises £43m, agrees £185m loan
The London-listed private equity firm has said reduced competition for deals and the prevalence of distressed sellers are reasons to bolster its dry powder.
- ICG to stockpile £826m in dry powder
The listed debt investor has launched a fully underwritten rights issue and has raised €475m for its 2008 Recovery Fund.
- Back to the ‘90s
The deals of tomorrow will have a retro feel, writes Toby Mitchenall.