ICG Asset Manager

asset manager: He prefers to describe the lending he does as non-bank lending . First things first, according to The Independent. Mr Evain is the chief executive of Intermediate Capital Group, Europe biggest asset manager, with a massive €18bn of funds under management. Au contraire, the Breton from Quiberon is rather sunny in the flesh, and delightfully outspoken in squashing the nonsense talked about the so-called shadow banking sector. Having just raised a record €6.4bn of new money from investors, ICG is now the fastest-growing specialist asset manager on the continent and is giving the Americans a run for their money. The shares reached a high of £6 this week after ICG reported strong financial results a few weeks ago that showed pre-tax profits up by 9 per cent to £178m, helped mainly by its move to raising third-party, fee-paying funds. We meet at ICG offices close to Paternoster Square at the foot of St Paul Cathedral in the City of London, a stone throw from the Stock Exchange, where the group is listed on the FTSE 250 index and valued at £2.4bn. (news.financializer.com). As reported in the news.