ICG appoints new asset based lending director

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Intermediate Capital Group (ICG) the specialist asset manager, announces it has hired Steven Osborne to develop its asset-based lending (ABL) operations, in a newly created position reporting to Max Mitchell, Head of Direct Lending.

At ICG, Steven will focus on origination, sourcing and structuring secured lending opportunities as
well as supporting ICG’s existing direct lending platform. Steven joins ICG from Wells Fargo Capital
Finance (formerly known as Burdale Financial), where from 2007 he was responsible for sourcing,
underwriting, executing, syndicating and managing ABL transactions across a variety of sectors and
geographies. Latterly Steven headed up business development for Wells Fargo’s technology finance
group in Europe, and was instrumental in establishing them as a leading player in that market.

Commenting on the appointment, Max Mitchell, Head of Direct Lending, ICG said:

We are very pleased Steven has joined ICG’s direct lending team. With his knowledge of secured
lending, his breadth of experience and contacts he is adding significantly to our capabilities. This is
an exciting time to join the team, we have deployed more than €3Bn of capital in the last two years
and having Steven’s specialist finance knowledge will give us a further edge in evaluating