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ICG Group plans infrastructure and real estate expansion

The plans are the latest efforts by a firm in the private equity industry to broaden its business into wider asset management

One of Europe’s most highly-regarded private equity debt investors plans to start financing infrastructure and real estate deals amid a push by the buyout industry to stabilise revenues through expansion into new areas.

Mezzanine debt provider Intermediate Capital Group hopes to begin providing financing to infrastructure and real estate in its latest efforts to broaden its asset management business, its senior management said yesterday following its interim results.

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