ICG appoints Asset Management Grandee Amy Schioldager as Non-Executive Director

First US-based Non-Executive Director reflects increased focus on region

Intermediate Capital Group (ICG), the specialist asset manager with €27.2bn of assets under management, is pleased to announce the appointment of Amy Schioldager as a Non-Executive Director with effect from 25 January 2018.

Having recently retired from an executive career at BlackRock where she was a member of the global executive committee and Head of Beta Strategies, Ms Schioldager brings to ICG extensive knowledge of international investment markets and a track record of global expansion. She is ICG’s first US-based non-executive director and will report to Kevin Parry, Chairman.

Benoit Durteste, CIO and CEO of ICG, said:

With a US team now numbering over 40 professionals covering mezzanine, direct lending, strategic equity and credit funds, there is no doubt that the region remains a core growth market for ICG as we seek to extend proven fund vintages, and introduce new fund strategies, to a growing investor base. Amy’s local insight will play an integral role as we continue to implement our vision.

Ms Schioldager’s career spanned over 25 years at BlackRock, holding progressive leadership positions in the firm’s investment teams across global equity markets and client segments. In her most recent role as Global Head of Beta Strategies (Index Equities), she had P&L and strategic responsibility for $3.6 billion in gross revenues and $2.5 trillion AUM across seven global offices. Furthermore, she launched the first ETF portfolios in 1996 which led to the creation of iShares, a $4 billion business, and has a track record of creating scalable enterprise solutions across both business functions and geographies.

As well as being a member of BlackRock’s Global Executive Committee, Ms Schioldager was the Founder and Chair of BlackRock’s Women’s Initiative and Vice Chair of BlackRock’s Corporate Governance Committee. As a prominent advocate for women in asset management, Money Management Executive rated her in the top 15 women in the industry in 2015.

Last year, ICG expanded its reach across the United States by appointing Chris Hawkins to manage and develop West Coast client relationships, and Louis Colosimo to oversee Florida and Southern US.