London-based Intermediate Capital Group has opened an office in Milan as it expands its operations in Italy. The office will be led by Luigi Bartone, head of ICG Italy. He will be joined by managing director Giulio Piccinini, who was previously based in the UK. Bartone joined ICG from Kearney in 2004, while Piccinini joined the firm from Vision Capital in 2017. ICG is a global alternative asset manager focused on strategies including private debt, credit and equity; it has more than €45 billion in assets under management.