ICG-Longbow, the real estate debt business of Intermediate Capital Group (ICG), expects to exceed last year’s lending volumes after deploying more than £750 million ($1.14 billion; €1.06 billion) across its funds so far this year, PDI sister title Real Estate Capital reported.Â
More than 60 percent was deployed through the firm’s whole loan-focussed Funds III and IV, followed by around 35 percent allocated through its senior debt programme and the balance through its development finance strategy.
