Proskauer has advised Intermediate Capital Group’s Europe Mid-Market Fund (ICG) on its first investment in Pageant Media.
This is the first investment by ICG’s Europe Mid-Market Fund, which closed in late 2018 at €1 billion. The Fund was raised to continue ICG’s 30-year track record of investing in the European mid-market via a dedicated fund. The Fund’s flexible investment strategy and partnership-oriented approach were key factors in securing this investment opportunity.
ICG is a global alternative asset manager with €42.6 billion of assets under management in private debt, credit and equity, principally in closed-end funds. ICG provides capital to help companies grow through private and public markets, developing long-term relationships with their business partners to deliver value for shareholders, clients and employees.
Founded in 1998, Pageant Media is a leading global provider of news, insight and data to the asset management sector.
The Proskauer team was led by M&A partner Andrew Wingfield (Picture), and included partners Stephen Pevsner (Tax), Ben Davis (Private Credit), alongside associates Jodie Lowe, Jacky Ball, Polly Cullimore and Jack Morant (Corporate), Conal Honan, Jess Viner and Jess Donnellan (Private Credit).
Involved fees earner: Jacqueline Ball – Proskauer Rose LLP; Polly Cullimore – Proskauer Rose LLP; Benjamin Davis – Proskauer Rose LLP; Jessica Donnellan – Proskauer Rose LLP; Conal Honan – Proskauer Rose LLP; Jodie Lowe – Proskauer Rose LLP; Jack Morant – Proskauer Rose LLP; Stephen Pevsner – Proskauer Rose LLP; Jessica Viner – Proskauer Rose LLP; Andrew Wingfield – Proskauer Rose LLP;
Law Firms: Proskauer Rose LLP;
Clients: Intermediate Capital Group Plc;