ICG, the global alternative asset manager, today announced the appointment of Tor Herno as Managing Director within ICG’s EMEA Marketing and Client Relations team focusing exclusively on the Nordic region. Tor’s appointment coincides with the opening of ICG’s first office in Copenhagen.
Tor joins ICG with a decade of experience capital raising in the Nordics. Most recently, he served as Director at BlackRock, where he led fundraising for the region, working across every alternative asset class, with a focus on private markets, and covering all client types including pension funds, insurance companies, private banks, endowments, and family offices. Prior to joining BlackRock, Tor worked at Deutsche Bank, where he originated and distributed Structured Finance deals in the Nordics. Tor started his career at Credit Suisse, as part of a team responsible for raising capital, distributing asset-backed securities and structured solutions.
Tor Herno, Managing Director, commented:
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ICG provides flexible capital solutions to help companies develop and grow. We are a leading global alternative asset manager with over 30 years’ history, managing $74.5bn of assets and investing across the capital structure. We operate across four asset classes: Structured and Private Equity, Private Debt, Real Assets, and Credit.
We develop long-term relationships with our business partners to deliver value for shareholders, clients, and employees, and use our position of influence to benefit the environment and society. We are committed to being a net zero asset manager across our operations and relevant investments by 2040.