London listed asset manager Intermediate Capital Group has hired the management team of secondaries firm NewGlobe Capital Partners to establish a new private equity secondaries platform, operating from both London and New York.

Andrew Hawkins, formerly chief executive of NewGlobe, has become global head of secondaries at ICG and will commute between London and New York. Christophe Browne, who was a co-founder of NewGlobe, will be based in New York while Ricardo Lombardi will be based in London for the fledgling secondaries platform, named ICG Strategic Secondaries.