LONDON, Nov 19 (Reuters) - London-listed alternative asset manager Intermediate Capital Group ICP.L on Tuesday posted an 11% increase in first-half assets under management, boosted by inflows of new money.
ICG said it raised 4.6 billion euros ($5.10 billion) in new money across 14 strategies in the six months to the end of September, taking total assets to 41.1 billion euros and underpinning a 24% increase in group pretax profit to 153.4 million pounds ($198.90 million).
($1 = 0.7712 pounds)
($1 = 0.9027 euros)
(Reporting by Simon Jessop, Editing by Lawrence White)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.