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ICG appoints Head of US Liquid Credit

ICG, a global alternative asset manager operating across structured and private equity, private debt, real assets, and credit, has appointed David Saitowitz as Head of US Liquid Credit based in the firm’s New York office.

Saitowitz will manage ICG’s US investment strategies focused on syndicated loans and high yield bonds and join ICG’s North American credit business, which is headed by Brian Spenner, and encompasses both private debt and liquid credit strategies, manageing in excess of $14bn (as of 30 September 2023).

Prior to joining ICG, Saitowitz spent more than a decade at Apollo Global Management, most recently as Partner, Co-Head of US Performing Credit and Head of Industry Research. From 2004 to 2012, he worked at Stone Tower Capital, latterly as a portfolio manager and member of the Fixed Income Investment Committee. David also spent four years at JP Morgan, holding positions in Credit Portfolio Research and Syndicated and Leveraged Finance.

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