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ICG Announces the close of its Recovery Fund at €843 million
13 04 2010
Intermediate Capital Group PLC (“ICG”), a leading investor and alternative asset manager, announces the closing of its €843 million ICG Recovery Fund (“the Fund”). Along with ICG PLC’s co-investment and its third party funds, ICG now has approximately €1.5 billion to invest in European recovery opportunities. This is believed to be one of the largest pools of capital targeting recovery opportunities in Europe raised since the onset of the credit crisis.
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