July 26, 2018 / 6:11 AM / in 3 months

BRIEF-Intermediate Capital Group posts 15 pct rise in AUM to $38.6 bln

July 26 (Reuters) - Intermediate Capital Group PLC:

* TOTAL AUM 15% HIGHER AT EUR 32.9 Bln euros ($38.60 billion)AND THIRD PARTY FEE EARNING AUM 20% HIGHER AT EUR 25.2BN

* INFLOWS IN Q1 WERE EUR 4.8BN. 2018/19 FUNDRAISING IS WEIGHTED TO Q1 OF FINANCIAL YEAR; EUR 3.7BN HAS BEEN RAISED FOR EUROPE FUND VII

* FUND DEPLOYMENT REMAINS STRONG ACROSS STRATEGIES

* ALL FUNDS ON COURSE TO MEET OR EXCEED THEIR RETURN HURDLE RATES BENOIT DURTESTE, CEO

* NEW FINANCIAL YEAR HAS STARTED STRONGLY WITH AUM BREAKING EUR 30BN DRIVEN BY FUNDRAISING FOR EUROPE FUND VII WHICH IS CURRENTLY 48% LARGER THAN ITS PREDECESSOR FUND.

* IN ADDITION TO EUROPE FUND VII, WE COMPLETED FUNDRAISING FOR OUR NORTH AMERICAN PRIVATE DEBT FUND WITH AN ADDITIONAL EUR 280M TAKING IT TO ITS MAXIMUM SIZE OF US$1.35BN, INCLUDING $150M FROM BALANCE SHEET

* TOTAL AMOUNT OF CAPITAL DEPLOYED ON BEHALF OF OUR DIRECT INVESTMENT FUNDS WAS £887M IN QUARTER Source text for Eikon: Further company coverage: ($1 = 0.8523 euros) (Reporting By Sinead Cruise)

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