Intermediate Capital Group’s (ICG) fee-earning assets under management (AUM) jumped 39 percent year-on-year (y-o-y) to €18 billion, the private debt manager said today (20 May). The group will continue to launch new strategies and expand its offerings to investors, chief executive, Christophe Evain said, noting that diversified managers with significant scale are a more compelling alternatives proposition for investors.
ICG reports bumper year
The London-headquartered firm reported record fundraising of €6.4 billion for the 12 months ending 31 March 2015.
