Jeffrey Rabel was named managing director at Intermediate Capital Group, a spokesman said.
It is a new position. Mr. Rabel, who is based in New York, is an addition to the London-based money manager's U.S. private debt investment team.
Mr. Rabel was a managing director in the financial sponsors group at Barclays Capital, also based in New York.
“Jeff has broad experience across a wide range of products and sectors and, importantly, has excellent relationships with the private equity community, advisers and investors. We are delighted that Jeff has joined ICG and are confident that he will add significantly to further developing ICG's North American investment platform,” said Sal Gentile, head of ICG North America, in a news release.
As of June 30, ICG had €20 billion ($22 billion) in assets under management globally.
