Pierre Grandjean Joins ICG's Senior Debt Partners as Managing Director
People | Jan 09, 2025 | Intermediate Capital Group (ICG)
Intermediate Capital Group (ICG), a prominent global alternative asset manager, has appointed Pierre Grandjean as Managing Director within its European direct lending team, Senior Debt Partners (SDP). Pierre will operate out of the company's Paris office, under the direction of SDP Co-Head, Mathieu Vigier. With a background in private credit, having previously held positions at Sixth Street and Goldman Sachs, Pierre's expertise spans a range of sectors including TMT, healthcare, and insurance brokerage. ICG's decision to hire Pierre underscores the firm's dedication to enhancing its esteemed team, following its record-breaking $17 billion fifth vintage fundraise. This significant infusion positions SDP as a leader in direct lending within Europe. ICG's ongoing commitment to providing innovative capital solutions is further evidenced by its expansive fund management, overseeing $106 billion in assets.
Sectors
- Private Equity & Venture Capital
- Private Debt
- Financial Services
Geography
- Europe – ICG's Senior Debt Partners operates a pan-European strategy with a key office in Paris, emphasizing its focus on European markets.
- France – Pierre Grandjean will be based in ICG's Paris office, overseeing activities in the French and broader European markets.
Industry
- Private Equity & Venture Capital – ICG operates within this industry, providing flexible capital solutions and managing a significant portfolio of assets across various classes.
- Private Debt – The article highlights ICG's focus on private credit, particularly through its Senior Debt Partners team.
- Financial Services – Both ICG and Pierre Grandjean’s former positions involve significant financial services components, particularly in lending and asset management.
Financials
- $17 billion – The size of ICG's fifth direct lending fundraise in Europe, representing the largest such fundraise to date.
- $106 billion – The total assets managed by ICG, indicating their scale and capacity within the alternative asset management space.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Intermediate Capital Group (ICG) | PE Firm | Company | A global alternative asset manager managing $106 billion in assets, offering diverse capital solutions across asset classes. |
| Pierre Grandjean | Managing Director | Person | Newly appointed Managing Director at ICG's Senior Debt Partners, with extensive experience in private credit and lending. |
| Sixth Street | Previous Employer | Company | An investment firm where Pierre Grandjean was previously a Principal in Specialty Lending. |
| Goldman Sachs | Previous Employer | Company | Prior to Sixth Street, Pierre Grandjean served as an Executive Director at Goldman Sachs, involved in private credit. |
| Houlihan Lokey | Previous Employer | Company | Pierre Grandjean worked here earlier in his career, focusing on M&A and restructuring analysis. |