Intermediate Capital Group (ICG) has held a final close for ICG Strategic Equity Fund III (ICGSE III) on $2.4bn, exceeding its $1.6bn target.
FDL Servizi founder and CEO Fausto Romelli retains a minority stake
Fergus Gallagher joins from Hogan Lovells and worked at Morgan Stanley and Jefferies on secondment
Odey Asset Management and Leapfrog Investments also back the round
Deal for endoscope manufacturer marks the final investment from SHS Fonds IV