ICG Expands Mid-Market PE Team

Intermediate Capital Group (ICG) has expanded its mid-market private equity team, led by Senior Managing Director Alan Jones, with the hires of Uzair Dossani, Evan Eason and Kevin Gregory.

In September 2019, ICG hired Mr. Jones to build a North American mid-market private equity business. Mr. Jones has more than three decades of private equity experience and joined ICG after a 25-year career at Morgan Stanley where he was the vice chairman of private credit and equity.

Messrs. Dossani, Eason and Gregory now join Mr. Jones in New York to source and acquire companies utilizing ICG’s balance sheet ahead of raising a dedicated fund.

“I am delighted to welcome Uzair, Evan and Kevin as founding members of the ICG’s mid-market private equity team,” said Mr. Jones. “They are high caliber individuals with deep and diverse experience in mid-market private equity investing in North America. We are now looking forward to rolling up our sleeves and starting to originate investments utilizing the power of ICG’s balance sheet while continuing to seek out additional members of the team to help build our franchise.”

Mr. Dossani has 18 years of private equity experience and joined ICG in February after four years as a partner at Harvest Partners where he focused on transactions in the chemicals, diversified industrials, logistics and packaging sectors. Earlier in his career, he was a managing director at Warburg Pincus, and he also worked at Charlesbank Capital Partners and Onex Partners.

Mr. Eason joined ICG in February after 13 years at mid-market private equity firm Olympus Partners where he was a partner, leading buyouts in the financial services, business services, industrial, and consumer sectors. Earlier in his career, he was a vice president at American Capital.

Mr. Gregory has 14 years of private equity experience and joined ICG in January from Aquiline Capital Partners, where he led the firm’s healthcare practice in addition to covering the financial and business services sectors. He previously was with Partners Group, where he sourced and executed direct investments across a range of sectors.

Intermediate Capital Group (LSE: ICP) is an alternative asset manager with more than $55 billion of assets under management. The firm invests in four asset classes – corporate, capital markets, real asset and secondary investments. ICP is headquartered in London and has 15 offices located around the world.

© 2020 Private Equity Professional | February 25, 2020

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