ICG’s gains on investment jump 72% to £145m

European mezzanine provider Intermediate Capital Group also put a record amount of capital to work in the fourteen months to 2005, arranging or providing £899m of debt financing.

London-listed mezzanine finance provider Intermediate Capital Group (ICG) has reported gains on investments of £145 million in its results for the fourteen months ended 31 March 2006.

ICG reported that it had seen a 98 percent increase in gains on investment, with £145 million (€210.5 million; $271 million) in the 14 months to 31 March 2006 compared to £63 million for the 12 months to 31 January 2005.

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