UK pension allocates £900 million to four private debt managers
The £21.9 billion pension fund has awarded £900 million to three private debt managers and one real estate debt manager, according to 6 March board minutes

ICG hits €4 billion target for European private debt fund
Intermediate Capital Group has hit its €4 billion fundraising target for its seventh European private debt fund, according to the firm’s semi-annual results

Alaska pension fund puts $123 million to work following $1 billion credit platform launch
Alaska Permanent Fund Corporation (APFC) has made a $123.3 million commitment to a European direct lending fund

ICG reports €4.8 billion of inflows over three months after direct lending success
Intermediate Capital Group has released its quarter end results - showing strong inflows and deployment

Connecticut pension fund looks to mandate $140 million to private debt
Connecticut Retirement Plans and Trust Funds mandated $50 million to Balance Point Capital and is looking to invest up to $90 million to Intermediate Capital Group

US pension fund backs ICG's global mid market offerings
London-based Intermediate Capital Group has won further commitments from US pension funds for middle market credit investing

New York pension commits €200 million to ICG across two mid market funds
ICG has won a €200 million golden ticket for two of its mid market funds: ICG North American Private Debt Fund II and ICG Europe Fund VII

ICG names new head of Asia Pacific in Sydney
Intermediate Capital Group has promoted Sydney-based Ryan Shelswell to head of Asia Pacific, with the change to take effect in July

Pennsylvania pension fund to commit €150 million to direct lending
The Public School Employees’ Retirement Board has recommended a €150 million investment in Intermediate Capital Group's ICG Europe VII fund

US pension fund commits to ICG's latest European mid-market fund
London-based Intermediate Capital Group has started fundraising for its ICG Europe Fund VII fund – and recently received commitments of $75 million from a pension fund, according to filings seen by Creditflux

ICG increases fundraising goal as direct lending funds near full deployment
London-based Intermediate Capital Group has increased its fundraising target to €6 billion per year on a rolling three-year basis

Former ICG credit head Kershaw takes advisory role at distressed debt firm
Dagmar Kent Kershaw, the former head of Intermediate Capital Group's credit fund businessin Europe and Australia, has landed an advisory role at a $7 billion distressed debt manager

Carlyle, ICG and Oaktree earn approvals as Chile's first alternatives managers
The news follows recent reforms to Chile’s Pension Fund Law allowing pension fund administrators to invest directly in alternative asset managers

ICG's direct lending fundraise results in €5.2 billion of ‘dry powder’
London-based Intermediate Capital Group has announced a successful fundraise for the third vintage of its senior debt partners strategy

ICG ramps up European direct lending account for US pension fund
Private equity-style fund has deployed over 62% of its committed capital, filings suggest

$36 billion pension fund raises its target allocation to private debt
A large US public pension fund has recently agreed to increase its target allocation to private debt

Credit manager ICG hires west coast marketer
London-based credit manager Intermediate Capital Group has announced that it has hired a marketing specialist on the US west coast

Direct lenders look to spread their wings and cross the Atlantic
Middle-market lending is becoming a global business amid talks of JVs

ICG hires Avenue Capital’s Lockhead for direct lending role
Intermediate Capital Group has announced that it has hired Avenue Capital’s Peter Lockhead for its direct lending business in Europe

British Business Bank joins forces with Start Up Loans Company
The British Business Bank and the Start Up Loans Company are set to merge, according to a joint-statement issued yesterday. The former has supported a number of UK direct lending funds

Direct lending giant looks to take fund to €3 billion
A large European asset manager is looking to earn another €500 million in commitments for a giant direct lending fund

Manager increases AUM by 39% with speedy direct lending expansion
A London-based manager has raised €2.3 billion across two direct lending funds in a strong year for its credit marketing team