Intermediate Capital Group (ICG)

‘The Benefits of Secondary Specialization with ICG’ was discussed by leaders from our GP- and LP-led secondary investment teams at the recent CAIS Summit in Beverly Hills, California. During the event attended by 80+ people, Rob C., Head of North America, ICG Strategic Equity, and Ryan Levitt, Head of Americas, LP Secondaries, Portfolio Manager of Core Private Equity, were moderated in their conversation by Ned Mulcahy, Managing Director in our Marketing & Client Relations team. Explore our secondaries teams: 🔗 Clients and consultants: https://lnkd.in/dfegC9Dq 🔗 Corporate stakeholders: https://lnkd.in/dN-A-Bsr #PrivateMarkets #PrivateCapital #Alternatives #Secondaries #GPledSecondaries #LPledSecondaries #CAIS Capital at risk.

Today, ICG’s Asia-Pacific Infrastructure team announced its investment in Revent Energy Co. Ltd, in partnership with ST International Corporation (STI) 🤝 Revent Energy is an onshore wind platform in South Korea and ICG’s entry into the South Korean renewable energy market will positively contribute to the region’s energy transition. 💬Devarshi Das, Head of ICG Asia-Pacific Infrastructure, says: “We are delighted to be partnering with STI to support Revent Energy’s growth plans. With increasing demand for renewables in South Korea, this is an exciting time to enter the market and this partnership constitutes the perfect opportunity to do so. We look forward to working closely with both STI and the Company’s management team as we embark on this next phase of growth.” 🔗Press release: https://lnkd.in/euc25Y8d Explore ICG Asia-Pacific Infrastructure: https://lnkd.in/en84DSmE At ICG we: 💡 Provide flexible, sustainable solutions 🎯 Drive performance 💫 Operate with purpose #PrivateMarkets #PrivateCapital #NewDeal #Infra #Infrastructure #EnergyTransition Capital at risk. Past performance is not a reliable indicator of future results.

🤝Meet one of ICG’s Graduates, Adrine Andreasian, who started her journey with us as a Summer Intern. She now works as a Credit Analysis Graduate in our Credit Fund Management function. “I was drawn to the fact that ICG is not a huge company: it’s small enough for people to know each other personally, but large enough for you to take part in really meaningful work. ICG is the perfect place to start your career, offering a high level of responsibility early on and ample opportunities to learn from experienced managers further along in their professional life.” Find out more about early career opportunities at ICG here: https://lnkd.in/etF2vqPP #PrivateMarkets #EarlyCareers #InterntoGrad

Our clients and investment teams met face-to-face at our annual investor days, held this year in New York, London and Singapore. 📽 Watch below: Brief highlights from the London event held at the OWO Hotel. For those institutional investors who were unable to attend or would like to recap on the presentations, videos are available on the ICG Client Lounge: 🔗 London: https://lnkd.in/em_cA4dF 🔗 New York: https://lnkd.in/eeUiCMsA 🔗 Singapore: https://lnkd.in/eVjBHKnV At ICG we: 💡 Provide flexible, sustainable solutions 🎯 Drive performance 💫 Operate with purpose #PrivateMarkets #PrivateCapital #Alternatives Capital at risk. 

We are happy to share that our most recent Stewardship Report was accepted by the UK Stewardship Code and published in February 2024. Our inclusion as a signatory to the code was announced by the FRC in March 2022. Find out more about our approach to #Stewardship here: https://lnkd.in/ehqGmNry

How can financial institutions put net zero into practice? The question is explored by Elsa Palanza, ICG’s Global Head of Sustainability & ESG, at a panel discussion in Toronto on Wednesday. The Principles for Responsible Investment event, #PRIinPerson, takes place 8-10 October and is themed ‘Progressing global action on responsible investment’. Elsa speaks alongside: David Harris, Head of Sustainable Finance Strategic Initiatives & Partnerships, LSEG, Sherry Madera, CEO, CDP; Bertrand Millot, Head of Sustainability, CDPQ; and Kate Turner, Global of Head of Responsible Investment, First Sentier. The discussion is moderated by Patricia Fletcher, CEO, RIA Canada. 🔗 PRI in Person: https://lnkd.in/eFR_a7_S 🔗 Sustainability at ICG: https://lnkd.in/e_7DjaRP At ICG we: 📋 Invest responsibly 🖼️ Operate with purpose 🌿 Are committed to decarbonisation #PrivateMarkets #PrivateCapital #Alternatives #Sustainability #NetZero Capital at risk.

Summer market volatility shook markets up, but underlying economic fundamentals across most major economies support a continued constructive investing environment, writes Nicholas Brooks, ICG’s Head of Economics and Investment Research. In this environment we maintain a bias for less cyclical exposures, companies with predictable and resilient cashflows, and strategies that provide downside protection and can take advantage of market disruption. 🔗 Explore: https://lnkd.in/es7_868P At ICG we: 🌍 Invest globally 📈 Grow businesses sustainably ✨ Value partnerships #PrivateMarkets #PrivateCaptial #Economics #MacroEconomics #Alternatives Capital at risk. Past performance is not a reliable indicator of future results.

Etienne Casara, from ICG's Real Estate Debt team, travelled to Frankfurt from our Paris office to join the FondsForum DebtConference 2024, a leading European Conference for real estate debt investments. As part of a panel on 'The Current European Debt Market', Etienne discussed the merits of investing in Europe vs. other regions, drawing upon his knowledge of specific countries and individual jurisdictions. Also considered was the role of ESG in credit decisions, and the emergence of new trends around sustainability in the context of real estate debt investing. 🔗Read more about Real Estate investment at ICG: https://lnkd.in/eWjjA8qq At ICG we: 🌍 Invest globally 📈 Grow businesses sustainably ✨ Value partnerships #FondsForum #RealEstateDebtInvestments #Debt #Investments Capital at risk. Past performance is not a reliable indicator of future results.

“We are delighted to have held the final close for NACP III at $1.9bn,” commented Brian Spenner, Head of North American Credit at ICG. “The sizeable increase in client commitments compared to the preceding fund is a testament to the proven nature of the strategy and the appetite among both new and long-standing ICG clients for differentiated credit funds. We look forward to continuing our investment program and providing capital solutions for private equity sponsors and corporate borrowers.” Established in 2014, the strategy for which NACP is the third vintage, provides private debt financing to private equity-sponsored middle-market companies and independent corporate borrowers in North America, typically investing in businesses with $25m to $250m of EBITDA. Marking today’s announcement, Benoît Durteste, CIO and CEO of ICG, said: “This is a significant milestone for the team, reflecting the track record established – among both clients and corporate borrowers – in the decade since the strategy’s inception. This successful fundraise allows us to capitalize on attractive investment opportunities, and further reinforces our presence in North America, a key growth area for ICG.” 🔗 Press release: https://lnkd.in/exD6927F #PrivateMarkets #PrivateCapital #Alternatives Capital at risk. Past performance is not a reliable indicator of future results.

“Is global economic resilience too good to be true?” Nicholas Brooks, Head of Economic and Investment Research at ICG, presented this question at IPEM Paris alongside Benoît Durteste, our CIO and CEO, who featured in a panel discussion “Investing in a fragmented world” and Aditya Bhagwat, ICG Strategic Equity, who took part in a GP Led Secondaries panel discussion. “The cost of the resilience has been a huge rise in government indebtedness as governments have shouldered the burden of supporting households and businesses through the Covid pandemic and energy price shocks; high inflation on unprecedented monetary expansion; and a related increase in economic inequity and social instability. Deep recession risks, however, appear low as systemically important banks remain strong and household and corporate balance sheets in aggregate are healthy. While systemic risks currently appear low, idiosyncratic risks are on the rise.” 💭Nick Brooks, ICG at IPEM Paris 2024 Read more about ICG at IPEM here: https://lnkd.in/ewhMqyvQ Capital at risk. Past performance is not a reliable indicator of future results.