
ICG hires Carlyle's Bain
Intermediate Capital Group (ICG) has appointed Carlyle Group's Zeina Bain as managing director in its European subordinated debt and equity team.
Bain leaves her role as managing director in the European buyout team at Carlyle after 18 years with the firm.
During Bain's time at Carlyle she was responsible for deal evaluation, origination, execution, document negotiation, portfolio monitoring and monetisation. She worked on transactions including the carve-out of Akzo Nobel group's chemicals division, the take-private of motor and property claims manager Innovation, and the carve-out of roadside recovery business RAC from Aviva.
Bain will take up her new position at ICG in September 2019. Prior to joining Carlyle, she worked at European Digital Partners and Merrill Lynch.
The appointment comes five months after ICG held a €4bn final close for ICG Europe VII, representing a 60% increase on its predecessor fund.
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