ICG launches North American offering

ICG hired Salvatore Gentile from Blackstone to lead the platform in late 2012. 

Intermediate Capital Group (ICG) is marketing a North American Private Debt fund, according to a pair of Form Ds filed with the US Securities and Exchange Commission on Monday. The firm has not disclosed a fund target.

ICG has been planning the vehicle’s launch for some time, having brought managing director Salvatore Gentile over from The Blackstone Group/GSO Capital Partners to head the North American private debt effort in late 2012.

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