ICG increases fundraising goal as direct lending funds near full deployment
London-based Intermediate Capital Group has increased its fundraising target to €6 billion per year on a rolling three-year basis

ICG announces new marketing hire
Intermediate Capital Group (ICG) has appointed a former Neuberger Berman institutional sales professional to head up marketing across parts of Europe

ICG names its first US-based non-executive director
Intermediate Capital Group (ICG) has announced the appointment of Amy Schioldager as a non-executive director, with effect from 25 January

Carlyle, ICG and Oaktree earn approvals as Chile's first alternatives managers
The news follows recent reforms to Chile’s Pension Fund Law allowing pension fund administrators to invest directly in alternative asset managers

ICG's direct lending fundraise results in €5.2 billion of ‘dry powder’
London-based Intermediate Capital Group has announced a successful fundraise for the third vintage of its senior debt partners strategy

ICG ramps up European direct lending account for US pension fund
Private equity-style fund has deployed over 62% of its committed capital, filings suggest

ICG adds loan trader to its US credit team in New York
A credit trader has recently joined ICG to work within the firm's US credit fund management team

$36 billion pension fund raises its target allocation to private debt
A large US public pension fund has recently agreed to increase its target allocation to private debt

Credit manager ICG hires west coast marketer
London-based credit manager Intermediate Capital Group has announced that it has hired a marketing specialist on the US west coast

Direct lenders look to spread their wings and cross the Atlantic
Middle-market lending is becoming a global business amid talks of JVs

ICG hires Avenue Capital’s Lockhead for direct lending role
Intermediate Capital Group has announced that it has hired Avenue Capital’s Peter Lockhead for its direct lending business in Europe

British Business Bank joins forces with Start Up Loans Company
The British Business Bank and the Start Up Loans Company are set to merge, according to a joint-statement issued yesterday. The former has supported a number of UK direct lending funds

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm

US bank hires portfolio manager for €1 billion push into European loans
Market sources say that a large US bank has hired a seasoned credit professional with experience at Indicus Advisors, 3i Debt Management and Intermediate Capital Group, as part of its plan to invest in European loans through its treasury desk

Credit allocator turns attentions to ICG
Intermediate Capital Group could be set to pick up a big client for its European credit business