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UK Intermediate Capital Group's Tom Bartlam retires

Tom Bartlam, a founder and managing director of Intermediate Capital Group, will retire in April but he will remain on the board as a non-executive director.

ICG chairman John Manser said, 'Tom Bartlam has been at the heart of building ICG from its start-up in 1989 into the large and international business it is today. Under the guidance of Tom and his partners ICG has delivered compound growth in earnings per share of more than 10 per cent per annum since its flotation over ten years ago with core income growing by over 10 per cent in every year during that period, which Tom would probably describe as a "satisfactory" achievement.'

'Tom retires with our best wishes, leaving ICG in robust shape with a strong and experienced management team, comprising Tom Attwood and his fellow executive directors, which I am confident is capable of maintaining the excellent record of growth,' Manser continued.

ICG, with offices in London, Paris, Hong Kong, Stockholm and Madrid, provides mezzanine capital in Europe and Asia Pacific. ICG has, in aggregate, in excess of £500m available for investment.

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