Intermediate Capital Group (ICG)

In this first edition of our LinkedIn newsletter, ICG insights, we dive into the hot topic of private wealth. Specifically, the role secondary investments could play. At ICG we: 🌍 Invest globally 📈 Grow businesses and assets sustainably ✨ Value partnerships #PrivateMarkets #PrivateCaptial #PrivateWealth #Secondaries #CapitalSolutions #Alternatives Capital at risk. Past performance is not a reliable indicator of future results. 

This week, London colleagues marked International Women’s Day with an insightful networking breakfast, featuring keynote speaker Professor Kate Devlin and addressing gender bias in AI. Kate’s talk was compelling and timely, as AI continues to evolve at pace. Yet, gender bias (alongside other strands) continues to feed the AI algorithm ─ with women, more often than not, disproportionately impacted. The morning concluded with a panel discussion, which saw Kate joined by our Culture, Inclusion & Engagement Lead, Biral Joshi; Head of Data, Mike Renwick; and Head of European Mid-Market, Gareth Knight. The panel yielded meaningful takeaways for all, including:1️⃣our personal responsibility to recognise and challenge bias when using AI, be it in our professional or personal use;2️⃣how ICG is leveraging its resources to design our own proprietary AI system; and3️⃣the role AI can play in helping us make progress towards gender parity. Watch the morning’s highlights in the video below. We are: 📌 A global business of local people 🥇 Attracting and developing the best talent 🫱🏾🫲🏻 Living an inclusive environment #IWD2025 #AccelerateAction #Inclusion #AI #PrivateMarkets #Alts 

The energy transition, digital transformation and how mobility is evolving are the focus of ICG’s infrastructure investments around the world. We’re happy to announce a presence at the 17-20 March Infrastructure Investor Network Global Summit at the Hilton in Berlin for two ICG teams: ⚡ European Infrastructure ⚡ Asia-Pacific Infrastructure Please contact our Client Solutions Group via https://lnkd.in/eMrHF9bE to set up a conversation with infra team members attending. They include: Guillaume d'Engremont, Devarshi Das, Ludovic Laforge, Dietsch Pénélope, Frank Heiss, Victor Valverde, Paul Leveque and Ivan Armani. The ICG Client Solutions Group will be based out of meeting rooms on Level 2 of the summit venue. Team members attending include: Julia Beinker, Caterina Ket, Tor Holberg Hernø and Laura Di Mascio (Berezay). 🔗 Summit info: https://lnkd.in/e9FcKhw At ICG we: 💡 Provide flexible, sustainable solutions 🎯 Drive performance 💫 Operate with purpose #Infrastructure #Energy #Digital #Mobility #PrivateMarkets #PrivateCapital #Alternatives Capital at risk.

Our Million Meals initiative, now in its third year, goes from strength to strength. MM#3 is coming towards the end of its current campaign, which involves funding 10 charities and charity networks with a combined total of £650,000, helping people in need due to the cost of living crisis and food poverty. Two weeks ago, the ICG Corporate Affairs team led by Fiona Laffan spent the day at the Healthy Living Platform in the London borough of Lambeth. HLP, supported by one of our MM#3 charities Feeding Britain, connects communities through food across neighbourhoods, making it easier to lead healthy and sustainable lives. 🔗 Explore HLP: https://lnkd.in/eFxgWbnx 🔗 Read MM#3: https://lnkd.in/d7a3znMi ICG’s charitable giving in context: 🌟 We rank 6th in Financial Services among FTSE 100 constituents for corporate giving, calculated as a % of pre-tax profit 🌟 13th in Financial Services based on total sums given 🌟 24th in the FTSE 100 as a whole Read more via the Charities Aid Foundation (CAF): https://lnkd.in/ed32fgD7 At ICG we are: 📌 A global business of local people 🥇 Attracting and developing the best talent 🫱🏾🫲🏻 Living an inclusive environment #PrivateMarkets #PrivateCapital #Alternatives #CSR #Charities

Happy International Women’s Day 🎉 We’re excited to mark the occasion in the company of Professor Kate Devlin for a talk centred on gender bias in AI next week. Spearheaded by one of our employee-led networks and open to all, this event promises opportunity for both networking and knowledge sharing. More to follow on ICG’s IWD celebrations – for extra information in the meantime, visit: https://lnkd.in/dGX7T8X. We are: 📌 A global business of local people 🥇 Attracting and developing the best talent 🫱🏾🫲🏻 Living an inclusive environment #AccelerateAction #InternationalWomensDay #IWD2025 #PrivateMarkets

ICG today announced the final close of its fifth GP-led secondaries fund programme, ICG Strategic Equity Fund V (“ICGSE V"). ICG Strategic Equity Fund V together with its related vehicles, received $11bn of capital commitments and was oversubscribed at its increased hard cap.  Launched in 2014, ICGSE is a specialist private equity investor focused exclusively on the GP-led secondaries market, with over $19bn committed to transactions to date. Fund V constitutes an evolution of ICGSE’s investment strategy and the capital raised is being invested, in partnership with leading PE sponsors, in single asset continuation vehicles for high-quality companies in North America and Western Europe. Commenting on the milestone, Global Head of ICG Strategic Equity, Ricardo Lombardi, said: “We are grateful for the continued support of our investors, colleagues, and partners. The final close for the Fund marks a milestone for ICG Strategic Equity and demonstrates the continued investor interest in our highly differentiated GP-led secondaries strategy. The scale achieved with ICGSE V will further enhance our ability to be a trusted and reliable partner for PE sponsors who wish to hold on to their most attractive assets for longer, while delivering a liquidity option to their LPs.” Benoît Durteste, CIO and CEO of ICG, added: “The successful close of ICGSE V at $11bn, more than double its predecessor vintage and including over $4bn from investors new to the strategy, was underpinned by ICG Strategic Equity’s pioneering approach and market leadership position in the GP-led secondaries space. ICG Strategic Equity’s success evidences ICG’s ability to develop and scale market-leading investment strategies that create significant value for our investors. Along with the growth we are experiencing in our LP Secondaries business, this further cements ICG’s position as a leading player in the growing secondaries space.” 🔗 Press release: https://lnkd.in/eUwYGG5a 🔗 Strategic Equity on ICG Client Lounge: https://lnkd.in/errGj8y2 #Secondaries #PrivateMarkets #PrivateCapital #Alternatives Capital at risk. Past performance is not a reliable indicator of future results.

ICG today announced its first Swiss office, located in Zurich, and opening in H1. The expansion of ICG's offering to Swiss clients coincides with the appointment of Jürg Rimle as Managing Director within its Client Solutions Group (CSG), who joins with an extensive record of serving clients across Switzerland. Benoît Durteste, CIO and CEO at ICG, commented: "We are excited to deepen our footprint in Switzerland with an on-the-ground presence, and to welcome Jürg to the firm. With significant institutional and private wealth relationships, Switzerland is an important market for ICG, and having a dedicated office and senior client solutions executive will advance our effort to deliver best-in-class investment solutions to our clients there." 🔗 Read the press release: https://lnkd.in/edMhnSKs At ICG we: 💡 Provide flexible, sustainable solutions 🎯 Drive performance 💫 Operate with purpose #CapitalSolutions #PrivateMarkets #PrivateCapital #Switzerland

ICG Real Estate’s Metropolitan platform has completed on £50m of transactions, consisting of nine mission-critical UK industrial and logistics assets. Spread across four separate transactions, each asset has been picked for its prime location, and will be managed by Axel Logistics. One transaction involves five assets across Reading, Birmingham, Sheffield, Newcastle and Hull being let to National Timber Group, the UK’s largest independent timber distributer. The remaining three transactions concern assets situated in Birmingham, Manchester and Merseyside, all of which are anchored by strong tenants with an average lease length of c.11 years. “This series of transactions highlights our ability to aggregate a portfolio of mission-critical assets at a very attractive entry basis by leveraging ICG’s unique network of corporate relationships. Our Metropolitan platform is focused on institutional-grade tenants and prime locations, with these particular assets offering both downside protection and significant reversionary potential in the near term.” - Luca Lelli, Managing Director, ICG Real Estate 🔗Read the press release: https://lnkd.in/ekGhkqaM At ICG we: 💡 Provide flexible, sustainable solutions  🎯 Drive performance  💫 Operate with purpose Capital at Risk. Past performance is not a reliable indicator of future results. #RealEstate #PrivateMarkets #PrivateCapital #Logistics #Alternatives 

How have private companies fared through the recent economic and geopolitical volatility and what are the issues to watch for in 2025? The 13th bi-annual edition of the ICG US and Europe Private Company Trends report, ‘Bucking the trend’, by Nicholas Brooks provides an in-depth analysis of the key fundamental trends we are seeing across this historically opaque segment of the market and our assessment of the outlook for the rest of this year. 🔗 Full report (clients-only): https://lnkd.in/e5fb_PxU 🔗 Exec summary: https://lnkd.in/eamvYXEy At ICG we: 💡 Provide flexible, sustainable solutions 🎯 Drive performance 💫 Operate with purpose #PrivateMarkets #PrivateCapital #PrivateCompanies #CapitalSolutions #Alternatives #Economics #MacroEconomics Capital at risk. Past performance is not a reliable indicator of future results.

How can we help to change the minds of talented young people who may say working in finance is ‘not for me’? Partnering with great charities such as SEO London to provide young people with education, experiences and opportunities is a big part of the answer. Our Chief Executive Officer Benoît Durteste, who is also our Chief Investment Officer, and Elsa Palanza, who heads up sustainability for the firm globally, joined SEO’s Alternative Investment Conference in London yesterday, sharing ideas and their perspectives on this challenging opportunity. 🔗 SEO: https://lnkd.in/gmmp6A6 🔗 ICG Early Careers: https://lnkd.in/etF2vqPP We are: 📌 A global business of local people 🥇 Attracting and developing the best talent 🫱🏾🫲🏻 Living an inclusive environment #PrivateMarkets #PrivateCapital #EarlyCareers #Careers #FinanceCareers