The investment consultant is seeking $250m for a dedicated secondaries fund, following consultants such as Hamilton Lane and StepStone in managing pooled private markets funds.
The impact secondaries firm has shifted the focus of its clean growth strategy recently to preferred equity structured transactions from traditional LP interests.
ICG has appointed Barclays’ Elsa Palanza as global head of sustainability & ESG from Barclays, while Eimear Palmer joins Pantheon’s investment team as global head of ESG.