ICG, a global alternative asset manager, has announced Stelios Elia’s appointment as Managing Director in its European Corporate team. Elia, who carries an impressive 15-year background from BC Partners with significant contributions to the TMT sector, is set to focus on opportunities in the UK, Nordics, and Benelux regions. His role will also enrich ICG’s TMT division. The European Corporate strategy, a cornerstone of ICG with a 29 billion euro investment track record, is expected to benefit substantially from Elia’s expertise; his strategic and private equity insights have been honed at McKinsey & Company and at BC Partners through major investment projects like United Group and Acuris. This recruitment aligns with ICG’s expansion ambitions in its key target markets and its long-term growth objectives. ICG, which manages $81 billion across different asset classes and is committed to net zero operations and relevant investments by 2040, reiterates its role as a capital solutions provider and values its relationships in delivering value to shareholders, clients, and employees. The firm’s stature is highlighted with its listing on the London Stock Exchange and the comprehensive infrastructure supporting its diversified investment approach.
“Private Equity”, “Investment Management”, “Telecommunications, Media, and Technology (TMT)”,”United Kingdom”, “Nordics”, “Benelux”
https://www.icgam.com/2023/11/21/stelios-elia-joins-icgs-european-corporate-strategy-as-managing-director/