Damon Fletcher joins ICG’s Credit Fund Management business as Managing Director

"His impressive track record across Australia and New Zealand will ensure we remain well-equipped to realise our ambitious growth aspirations within the local market," says ICG's Matthew Turner

ICG, the global alternative asset manager, today announced the appointment of Damon Fletcher as Managing Director within its Asia-Pacific Credit Fund Management (“CFM”) business. Based in Sydney, Damon joins ICG’s Australian Senior Debt team, headed by Matthew Turner, with a focus on deal origination and portfolio management.

Damon joins ICG with over 20 years’ investment experience, most recently at Siemens as Executive Director, responsible for the firm’s leveraged loan portfolio spanning Australia and New Zealand. From 2011 to 2018, he worked at Credit Industriel et Commercial, latterly as a Director overseeing the execution of Australian and New Zealand corporate and leverage loan strategies. Damon also held prior positions at National Australia Bank and Investec Bank, in leverage and acquisition finance.

Matthew Turner
Matthew Turner

Matthew Turner, Head of Australian Senior Debt at ICG, commented:

We’re pleased to welcome someone of Damon’s calibre to ICG. His impressive track record across Australia and New Zealand will ensure we remain well-equipped to realise our ambitious growth aspirations within the local market.

Damon Fletcher
Damon Fletcher

Damon Fletcher, Managing Director at ICG, added:

ICG benefits from a market-leading credit franchise, well-primed for further success. I am looking forward to working with the team as we continue to drive growth in our key markets so as to create further value for investors.

– Ends –

For further information please contact:

Catherine Armstrong
Interim Head of Corporate Communications

T. +44 20 3545 1395

M. +44 7714 459 949

Email: [email protected]

About ICG

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 $86.3bn 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.

ICG is a member of the FTSE 100 and listed on the London Stock Exchange (ticker symbol: ICP). Further details are available at www.icgam.com. You can follow ICG on LinkedInX (Twitter) and Instagram.

*as at 31 December 2023