Pennsylvania pension fund to commit €150 million to direct lending
The Public School Employees’ Retirement Board has recommended a €150 million investment in Intermediate Capital Group's ICG Europe VII fund

Euro league tables: Volumes reach €7 billion as GSO and Citi lead 2018 rankings
2018 is off to a colossal start, with one New York-based global giant boosting February’s volumes  

US pension fund commits to ICG's latest European mid-market fund
London-based Intermediate Capital Group has started fundraising for its ICG Europe Fund VII fund – and recently received commitments of $75 million from a pension fund, according to filings seen by Creditflux

ICG names new non-executive director in London
ICG has announced a new hire to its London office: a director with significant experience in the asset management space, including a stint as chair at SVG Capital

Euro league tables: January CLO volumes up 39% on last year
The European CLO market has got off to a strong start in 2018 with €2.5 billion of issuance in January, an increase of 38.9% on January 2017

European CLO round-up: who's going to be first to break 70bp?
European CLO spreads continue to rally and the question on everyone’s lips right now is: “when [not if] will triple As dip below 70 basis points?” Most likely the next question posed will be “are US CLO market participants fretting upon similar quandaries?”

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

Former ICG credit head Kershaw takes advisory role at distressed debt firm
Dagmar Kent Kershaw, the former head of Intermediate Capital Group's credit fund businessin Europe and Australia, has landed an advisory role at a $7 billion distressed debt manager

ICG reworks 2013 CLO for a second time following €562.6 million reissue
Intermediate Capital Group priced its first CLO transaction of 2018 yesterday

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 to price €461.9 million European CLO reissue
Intermediate Capital Group is planning to reissue a CLO that first priced in 2013

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 fashions latest Euro CLO with sub-80bp print
Intermediate Capital Group has become the fourth European CLO manager this month to price a triple A print within 80 basis points over Euribor

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

European CLO portfolio manager parts company with ICG
Market sources say that an experienced leveraged loan manager has left ICG in London

"Reissue" proves popular as ICG prices euro CLO triple As at 85bp
Triple A spreads have hit their tightest levels in four months after ICG "reissues" a CLO    

ICG set to become latest manager to "reissue" a CLO in €438 million deal
What do you to a CLO that has already been refinanced and is barred from further refis or resets? Reissue it, a new industry trend suggests

ICG teams up with originator to overhaul 2014 CLO
Credit Suisse yesterday carried out a reset of ICG’s St Paul’s CLO V which not only gives the European CLO a brand new capital structure but also overhauls the way it complies with risk retention rules

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

Euro CLO volumes surpass €2.5 billion as ICG prices reset
Intermediate Capital Group is establishing itself as the leading CLO issuer in Europe after completing a €429.5 million reset earlier today. 

2017 European CLO issuance gets off the mark as ICG prices €414m deal
Intermediate Capital Group priced St Paul's VII with Deutsche Bank yesterday evening, making it the first European manager to price a CLO in 2017

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