ICG-Longbow appoints chairman for new real estate debt fund

ICG’s listed real estate debt investment subsidiary has appointed Jack Perry as chairman of its new UK-focused investment vehicle.

Jack Perry, former chief executive of Scottish Enterprise and chairman of CBI Scotland, has joined ICG-Longbow Real Estate Capital as chairman of its forthcoming UK real estate debt fund.

Perry will chair ICG-Longbow Senior Secured UK Property Debt Investments, which is aiming to close next week. Its initial public offering on the London Stock Exchange is seekingto raise between £100 million ($161 million; €124 million) and £250 million.

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