Key Takeaways
- • ICG has appointed Ramon Arocena as managing director to lead its expansion into Iberia, extending its ICG Europe Mid-Market strategy into Spain and Portugal.
- • Arocena joins from Advent International, where he was a managing director, and previously served as a partner at Peninsula Capital, a southern European mid-market investment firm.
- • Arocena will be based in Madrid and report to Gareth Knight, head of ICG Europe Mid-Market, leading deal sourcing and execution for mid-market funds in the region.
- • London-listed ICG manages $126bn (£93.4bn) in assets across structured capital, private equity secondaries, private debt, liquid credit and real assets.
Summary
Alternative asset manager ICG has appointed Ramon Arocena as a managing director to lead its push into Iberia, as the firm seeks to strengthen its European mid-market strategy, according to the firm's announcement reported by Alternative Credit Investor.
ICG said Iberia represents a natural extension of its ICG Europe Mid-Market strategy. Arocena will be responsible for deal sourcing and execution for the mid-market funds in the region. He will be based in Madrid and report to Gareth Knight, head of ICG Europe Mid-Market.
Arocena joins from Advent International, where he served as a managing director. Previously he was a partner at Peninsula Capital, a southern European mid-market investment firm. Knight said Iberia is an important market for the strategy and that Arocena's experience and long-standing relationships will be valuable as the firm looks to partner with long-term owners where there is strong alignment and a shared vision.
ICG, which is London-listed, reports $126bn (£93.4bn) of assets under management across structured capital, private equity secondaries, private debt, liquid credit and real assets. Arocena described ICG as a first mover in the structured capital solutions space and said he expects to identify new investment opportunities and build partnerships with family owners, founders and management teams across the region.
ICG said Iberia represents a natural extension of its ICG Europe Mid-Market strategy. Arocena will be responsible for deal sourcing and execution for the mid-market funds in the region. He will be based in Madrid and report to Gareth Knight, head of ICG Europe Mid-Market.
Arocena joins from Advent International, where he served as a managing director. Previously he was a partner at Peninsula Capital, a southern European mid-market investment firm. Knight said Iberia is an important market for the strategy and that Arocena's experience and long-standing relationships will be valuable as the firm looks to partner with long-term owners where there is strong alignment and a shared vision.
ICG, which is London-listed, reports $126bn (£93.4bn) of assets under management across structured capital, private equity secondaries, private debt, liquid credit and real assets. Arocena described ICG as a first mover in the structured capital solutions space and said he expects to identify new investment opportunities and build partnerships with family owners, founders and management teams across the region.
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