ICG raises EUR 3bn for junior private debt, equity
The global alternative asset manager will invest in middle market companies across Western Europe

ICG prints partial refi of 2020-vintage US BSL CLO
The repricing covered the three senior-most tranches of the deal, which was previously reset in 2021  

ICG hires Sixth Street alum Grandjean for pan-European private credit
ICG has hired Pierre Grandjean, who most recently was at Sixth Street in specialty lending, to join its European direct lending team, Senior Debt Partners

ICG nabs a second Euro CLO deal before year end
ICG has reset its Euro CLO 2022-1 with a moderately tightened overall cost of funding

ICG prices US BSL CLO reissue
Intermediate Capital Group has priced a USD 354m CLO reissue, based on a 2014 CLO which came out of reinvestment in January 2023

ICG raises almost USD 2bn for North American direct lending
London-based ICG has closed on USD 1.9bn for its third North American direct lending fund, North American Credit Partners Fund III

ICG holds largest ever European direct lending fundraise
ICG Senior Debt Partners V broke records with a final close at USD 17bn (approximately EUR 15.2bn), the largest European direct lending fundraise to date

ICG returns to the European CLO market
Intermediate Capital Group’s first primary market deal this year took the form of a new issue European transaction

Pennsylvania retirement system allocates to European private credit
The Pennsylvania Public School Employees' Retirement System recently revealed a fresh commitment for hundreds of millions of dollars to European private credit. 

New York pension system makes USD 500m commitment to credit secondaries
The New York State Common Retirement Fund has revealed its latest allocations in its March monthly transaction report, and private credit was one of the big winners

Schroders Capital adds new global head of business development and product
Schroders Capital turned to ICG to source its newly-created role of global head of business development and product

Connecticut Retirement Plans and Trust Funds commits more than USD 600m to credit manager
Connecticut Retirement Plans and Trust Funds has allocated approximately USD 625m to pension funds in the state's private credit portfolio

ICG continues to build out global credit platform with two new senior-level hires
Global alternative asset manager is growing its North American private debt business. 

Hayfin appoints new US CLO head
Hayfin Capital Management has announced it has recruited Peter Swanson to head its High-Yield and Syndicated Loans team in New York

ICG taps Apollo partner as head of US liquid credit
The new head of US liquid credit has been tasked with helping grow ICG's US credit business

ICG prints its first new US CLO in over 12 months
Intermediate Capital Group returned to the US primary CLO market on Friday with its first new issue transaction in over 12 months

ICG hires new global head of credit
Asset management firm ICG has hired ScION Tech Growth Chief Executive Officer Mathew Cestar as the firm's global head of credit

CLO market turns international as new investors land
The global CLO market attracted new investors over the first quarter of 2023, according to market sources, while others have moved across the capital stack or into different regions than those to which they have been accustomed

TwentyFour AM heaps praise on ICG for CLO's enhanced investor protections
TwentyFour Asset Management has hailed Intermediate Capital Group for enhancing documentation protections for mezzanine debt investors in its latest European CLO that priced last Monday via JP Morgan

ICG prints Euro CLO as junior CLO spreads widen
Intermediate Capital Group priced a new issue European CLO, ICG Euro CLO 2023-1, via JP Morgan this afternoon

ICG holds first close on US private credit fund
In total, ICG says it brought it $2.8 billion for its private credit strategies in the quarter

ICG hires former BlueMountain lev loan and HY senior analyst
Intermediate Capital Group has hired a senior analyst focusing on liquid credit

LP round up: two managers terminated as 20 win $2.5 billion
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month

Nerves of steel needed for CLOs as Phoenix Services files for chapter 11
CLOs hold $341.54 million of steel service provider Phoenix Services Topco which filed for chapter 11 protection in the US Bankruptcy Court for the District of Delaware yesterday

Antares brings in manager's loan and high yield head for BSL CLO expansion
Antares Capital is set to build a broadly syndicated loan CLO business, having hired an experienced CLO PM from a US asset manager