ICG GROUP INC (ICGE) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of ICG GROUP INC (ICGE) from OUTPERFORM to NEUTRAL on March 12, 2013, with a target price of $14.10.

ICG Group, Inc. identifies, capitalizes and grows companies in the SaaS and tech-enabled BPO sectors. These companies transform the way business is done by enabling enterprises to increase efficiencies and improve critical processes. ICG leverages its unique expertise to carefully identify companies based on their potential to become market changers and market leaders. ICG focuses on building successful businesses in the SaaS and tech-enabled BPO sectors by providing them with access to management expertise and strategic and operational guidance, as well as growth capital. ICG Group, Inc. is based in Wayne, Pennsylvania.

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