ICG plans direct lending fund for first quarter of next year

London-based credit manager ICG says it has raised €186 in the past six months in separate accounts

TAGS: Direct lending Fundraising

Comment by: Anonymous. Posted 11 years ago [2012-11-21 21:44:09]

Though not a profound observation, I consider this disintermediation of the banks to be beneficial and the best ultimate solution to the ongoing, never-ending Credit Crisis. When regulators and politicians complain about "shadow banking", I hope they have the wits not to include direct lending on their list of activities to punish.