Intermediate Capital sees more benign conditions

Speciality investment firm Intermediate Capital said its funds delivered a strong performance in the year to the end of March, with things looking a little rosier in 2012.

Speciality investment firm Intermediate Capital said its funds delivered a strong performance in the year to the end of March, with things looking a little rosier in 2012.

While institutional investors remain cautious to make new investments in volatile markets, the more benign economic outlook since the beginning of 2012 has resulted in a more favourable environment for fund raising, Intermediate said. As a result, it is seeing increased interest in its range of products, and the company continues to make good progress toward its €2bn target for its ICG Europe Fund V.

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