ICG adds two managing directors to oversee Americas

Global alternative asset manager ICG has appointed two managing directors to focus on the Americas.

The business has hired Brant Gresham as managing director, head of US West, where he will lead a dedicated team covering institutional LPs across the US West. He will be based in California.

Meanwhile, Felipe Sotomayor joined in April as managing director, Latin America, and will be based in Chile, marking ICG’s first appointment in Latin America and an expansion of the firm’s strategic presence.

“We are committed to continued investment in our global client business, reflecting the growing demand from LPs to partner with ICG. The Americas are central to this effort, underscored by the decision to base our global client leadership in the US and to make these senior hires. As LPs increasingly diversify beyond local US-based GPs, we are well positioned to meet that demand,” said Benoit Durteste, chief executive of ICG.