ICG taps Rivers as MD in UK equity and mezzanine team

Intermediate Capital Group has named Jamie Rivers as a managing director in the UK equity and mezzanine team. Previously, Rivers worked at BC Partners.

PRESS RELEASE

Intermediate Capital Group (ICG) is pleased to announce the appointment of Jamie Rivers as a Managing Director in the UK Equity and Mezzanine team.

Jamie has joined ICG from BC Partners, where he worked for 15 years, originating and executing private equity investments, primarily in the UK. These included Acuris, CarTrawler, Cote Restaurants, Elysium and VetPartners.

In his new role at ICG, Jamie will focus on seeking investment opportunities among UK-headquartered companies for the European investment strategy. This is one of ICG’s largest investment strategies, which supports the long-term growth of private companies across Europe by providing flexible capital solutions to support the strategic ambitions of management teams. In November 2018 ICG’s Europe Fund VII closed with €4bn of third party commitments, a 60% increase on its predecessor fund, and total commitments of €4.5bn.

Benoit Durteste, Chief Executive of ICG, said: “ICG’s investment approach is predicated on having deep, on the ground investment expertise and Jamie has an excellent track record of making successful investments in the UK market. We are delighted he has joined the team.”
Jamie Rivers said: “ICG has a strong track record of working with management teams to support their growth ambitions and, as a result, delivering strong investment returns. I am delighted to have joined the team.”

About ICG
ICG is a specialist asset manager with over 29 years’ history.

The company manages €35bn* of assets in third party funds and proprietary capital, principally in closed-end funds. Its goal is to generate income and consistently high returns while protecting against investment downside. Investing across the capital structure, ICG combines flexible capital solutions, local access and insight with an entrepreneurial approach. ICG operates across four asset classes – corporate, capital market, real asset and secondary investments. In addition to growing existing strategies, the company is committed to innovation and pioneering new strategies across these asset classes where the market opportunity exists to deliver value to fund investors and increase shareholder value.

ICG is listed on the London Stock Exchange (ticker symbol: ICP). Further details are available at: www.icgam.com