Intermediate Capital Group plc: Q1 Trading Statement for the three months ended 30 June 2024

ICG plc16 July 2024Q1 update for the three months ended 30 June 2024      AUM increases to $101bn    Highlights AUM of $101bn; fee-earning AUM of $70bn; AUM not yet earning fees of $18bnStrong quarter of fundraising, with $4.7bn raised driven by SDP ($2.1bn) and Strategic Equity V ($1.4bn)Elevated transaction activity compared to Q1 FY24, with deployment 1of $3.9bn (Q1 FY24: $1.0bn) and realisations 1,2of $2.5bn (Q1 FY24: $0.6bn)Expectations remain...

London, 16/07/2024 (informazione.it - comunicati stampa - servizi)

ICG plc

16 July 2024

Q1 update for the three months ended 30 June 2024

PERFORMANCE REVIEW

PERIOD IN REVIEW

AUM and FY25 fundraising

AUM of $101bn

Fee-earning AUM of $70bn

The bridge between AUM and fee-earning AUM is as follows:

Balance sheet

FOREIGN EXCHANGE RATES

COMPANY TIMETABLE

ENQUIRIES

This results statement may contain forward looking statements. These statements have been made by the Directors in good faith based on the information available to them up to the time of their approval of this report and should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying such forward looking information.

ABOUT ICG

ICG provides flexible capital solutions to help companies develop and grow. We are a global alternative asset manager with over 30 years' history, operating across four asset classes: Structured and Private Equity, Private Debt, Real Assets, and Credit.

We develop long-term relationships with our business partners to deliver value for shareholders, clients and employees. We are committed to being a net zero asset manager across our operations and relevant investments by 2040.

ICG is listed on the London Stock Exchange (ticker symbol: ICG). Further details are available at www.icgam.com.