Intermediate Capital Group (ICG) is pleased to announce the appointment of Martin Preuss as a Managing Director in its European Subordinated Debt & Equity team based in Frankfurt.
Martin joined ICG in September from KKR in London, where he worked for almost 11 years in the German and European TMT Private Equity team. He was a Director responsible for leading and originating investments, portfolio management and contributing to European fundraising. Prior to this, Martin worked at Citi in the TMT Investment Banking team in London.
At ICG, Martin is responsible for expanding coverage across the DACH region (Germany, Austria and Switzerland), seeking investment opportunities for the European investment strategy. This is one of ICG’s largest investment strategies, which supports the long-term growth of private companies across Europe by providing flexible capital solutions to support the strategic ambitions of management teams. In November 2018, ICG’s Europe Fund VII closed with €4bn of third party commitments, a 60% increase on its predecessor fund, and total commitments of €4.5bn.
Jens Tonn, Head of ICG Germany, said: „ICG in Germany is adding some great talent to our team. Martin has an impressive track record in European investing and has executed somegreat transactions in his career so far, we are delighted he has joined ICG as we accelerate our footprint in the DACH region.“
Martin Preuss said: „ICG has an outstanding reputation for European investments and for working with management teams across the capital structure. I am excited to be joining the team and contributing to the European strategy in Germany.“