ICG beefs up team with new addition


Intermediate Capital Group has named Alex Jones as head of U.S. private wealth solutions. Previously, Jones worked at JP Morgan Private Bank where he was co-head of U.S. alternative investments.

PRESS RELEASE

Intermediate Capital Group (ICG) has appointed Alex Jones as Head of US Private Wealth Solutions to spearhead development of ICG’s relationships with family offices and wealth management clients in the United States.

Alex has joined ICG from JP Morgan Private Bank where he worked as Co-Head of US Alternative Investments, leading a team of alternative investment professionals responsible for raising significant private investment fund commitments. Prior to this, he worked at Sterne, Agee & Leach as a Director of Institutional Equity Research Sales.

Andreas Mondovits, Head of Marketing and Client Relations at ICG, said: “The global private wealth market is growing and a significant proportion of high net worth individuals reside in the US. Wealth management firms are steadily increasing their clients’ exposure to private markets and Alex has significant experience in this sector in the US. We are delighted to welcome him to ICG.”

Alex Jones said: “ICG has a strong reputation and I am excited by the potential we have to extend our reach into the private wealth sector. I look forward to working with the team at ICG to fulfil our ambitions in this regard.”

About ICG
ICG is a global alternative asset manager with over 30 years’ history.

We manage €38.6bn* of assets in private debt, credit and equity, principally in closed-end funds. We provide capital to help companies grow through private and public markets, developing long-term relationships with our business partners to deliver value for shareholders, clients and employees.

ICG operates across four asset classes – corporate, capital market, real asset and secondary investments. In addition to growing existing strategies, we are committed to innovation and pioneering new strategies across these asset classes where the market opportunity exists.

ICG is listed on the London Stock Exchange (ticker symbol: ICP). Further details are available at: www.icgam.com . You can follow ICG on Twitter and LinkedIn.

*as at 30 June 2019