ICG has launched a European infrastructure debt strategy and hired two industry veterans to lead the new offering.

The programme will provide financing solutions to infrastructure deals, projects and businesses across Europe, focusing on core/core+ infrastructure sectors.

Augustin Segard and Grégoire Castres Saint Martin have been appointed to establish and lead the strategy.

Read more: ICG’s European corporate fund hits €12bn

Segard joins ICG in London from Schroders Capital, where he most recently served as head of junior infrastructure debt and led the ‘JULIE’ fund series, investing in European infrastructure assets. Prior to this, he held roles at AXA Investment Managers and InfraRed Capital Partners.

Castres Saint Martin joins ICG in Paris from Antin Infrastructure Partners, where he was most recently managing director within the firm’s financing team and where he built a strong expertise in structuring complex and innovative financings across the capital structure.

Read more: ICG fundraising hits $4bn in Q1 2027 led by Europe IX fund

He previously worked in infrastructure financing and advisory at BNP Paribas.

“The launch of our infrastructure debt strategy is a natural extension of our platform and reflects our ability to evolve in response to investor demand,” said Benoît Durteste, CIO and chief executive of ICG.

“Having built a market-leading infrastructure business, we are excited to expand into debt, drawing on ICG’s credit heritage and expertise. Augustin and Grégoire are highly respected investors with deep sector knowledge, and we are delighted to welcome them to ICG.”

Read more: ICG AUM jumps 11pc to $126bn as fundraising hits $17bn