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.
Benoît 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.