Oaktree-backed digital infrastructure firm ITG aims to raise $429 million in US IPO

Digital infrastructure firm ITG said on Monday it was aiming to raise as ‌much ⁠as $429.3 ⁠million in its U.S. initial public offering.

The Hendersonville, Tennessee-based company is offering 19.5 million ⁠shares priced ‌between $19 and $22 apiece.

ITG was bought ⁠by investment firm Oaktree Capital Management in partnership with the firm's management in 2021.


Morgan Stanley, Citigroup, UBS Investment ‌Bank, and Stifel are among the joint ⁠book-runners. ITG will list on the Nasdaq under the symbol "ITG".