ICG hires ex-Silverfleet partner for German origination

The hire will provide ICG with a stronger local deal origination presence at its Frankfurt office.

ICG has appointed Klaus Maurer as a managing director to build out its origination capabilities in the German market.

Maurer joins from Silverfleet Capital where he has spent the past decade as a partner responsible for origination and execution for the firm’s pan-European mid-market strategy. Before joining Silverfleet he spent two years as an analyst at Terra Firma, where he focused on the firm’s large-cap private equity fund. He also worked as a leveraged finance analyst at BHF Bank.

He will be based in ICG’s Frankfurt office and be responsible for subordinated debt and equity origination and execution in mid-market companies in Germany. The firm said it had made more than €2.5 billion across Germany, Austria and Switzerland in the past six years.

ICG’s chief executive, Benoit Durteste, said: “We fundamentally believe in building out our local teams to source local deals and are delighted to have attracted someone of Klaus’s calibre to focus on mid-market transactions in Germany.”

ICG has made a number of hires this year as part of its growth plans. In January, it made several hires as part of a revamp of its Asia-Pacific mezzanine and equity team, and in April it added ex-Carlyle employee Zaina Bain to its European subordinated debt and equity operation.

ICG also hired an ex-Cerberus executive, Alan Ross, to its special-situations team, thus sparking speculation that the firm would launch a special-situations vehicle in the near future.