Intermediate Capital Group (ICG) is targeting €15bn ($17.4bn) for its latest European direct lending vehicle, as established private credit managers continue to command significant institutional allocations, according to a report by Bloomberg.
Senior Debt Partners VI will provide senior loans to private equity-backed companies across Western Europe, according to people familiar with the fundraising.
The strategy will be led by Peter Lockhead and Mathieu Vigier, co-heads of ICG’s Senior Debt Part...
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