Alan Jones Appointed to Build ICG’s Private Equity Business in North America
September 17 2019 - 5:00AM
Business Wire
Intermediate Capital Group (ICG), the $42.6bn (€38.6bn) global
alternative asset manager, has appointed Alan Jones (A.J.) as a
Senior Managing Director with responsibility for building a private
equity business in North America, signaling the Company’s growth
ambitions in the region.
A.J., a highly regarded private equity leader with more than
three decades of experience, joins ICG after a 25-year career at
Morgan Stanley where he served most recently as Vice-Chairman of
Private Credit & Equity. In 2007, he rebuilt Morgan Stanley’s
private equity investing business and from 2007 to 2018 was Head of
Private Equity and Chair of the Group’s Private Equity Investment
Committee. He also served as a member of several investment
committees and of the firm’s Private Investment Risk Committee.
A.J. has, in addition, significant experience on numerous corporate
boards including HBF, CoAdvantage and Creative Circle.
In his new role, A.J. will combine his experience and track
record in private equity with ICG’s expertise in complex
structuring, hiring a new team of specialists to target private
equity investments in North American mid-market companies. He will
be based at ICG’s office in New York, from where a team of 57
people currently invest assets across its existing private debt,
strategic equity and credit fund strategies.
Benoit Durteste, Chief Executive Officer of ICG, said: “We have
established a substantial business in North America and have a
strong ambition to further expand our presence. Building a private
equity business focused on mid-market corporates is a key element
of this plan and we are delighted to have attracted A.J. to help us
achieve this goal. His considerable expertise in building and
leading businesses, investing, fundraising, corporate finance,
capital markets, governance, and risk management will be a
significant asset to ICG.”
A.J. said: “ICG has established an impressive track record as an
investor, which has resulted in strong growth across a diverse
range of asset classes. I am excited by the opportunity to work
with Benoit and the team to build on this platform by establishing
a private equity business in North America.”
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.
We operate 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 LinkedIn.
*as at 30 June 2019
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Alicia Wyllie Co-Head of Corporate Communications
Tel: +44 (0)203 201 7994 Mobile: +44 (0)7808 610080
Email: alicia.wyllie@icgam.com
Helen Gustard Co-Head of Corporate Communications
Tel: +44 (0)203 201 7760 Mobile: +44 (0)7932 486928
Email: helen.gustard@icgam.com
Will Braun Vice President Tel: (212) 371 5999
Mobile: (646) 770 5674 Email: whb@abmac.com
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