ICG shares rocket on news of 2017 record private debt fundraise of EUR5.2bn
(World News UK)

Specialist asset manager Intermediate Capital Group (ICG) saw its shares rocket today as it revealed it has raised €5.2bn (£4.7bn) for its latest private debt fund, the largest of its kind in 2017. The fundraising, which gathered €4.2bn of new commitments for the London-listed firm, took place over just five months. It means that ICG now manages more than €27bn across its...