London-based alternative asset manager Intermediate Capital Group completed a minority investment in Workhuman, a provider of cloud-based, human capital management software solutions, at a $1.2bn valuation. "Workhuman is a truly unique HR platform provider that we are excited to be in partnership with. The business’s historic performance is testament to the results it delivers for clients and their employees, reaching organizations in more than 160 countries. In the past couple years, and even more so as a result of the Covid-19 pandemic, organizations have begun to realize the power and value of their people and have been forced to innovate and thrive in new ways. Workhuman provides them with progressive tools to understand, engage with and better utilize their employees in ways they never could before," Benoit Durteste, ICG CIO and CEO.