Company type | Public |
---|---|
LSE: ICG FTSE 100 component | |
Industry | Financial services, asset management |
Founded | February 1989 |
Headquarters | London, England, UK |
Key people | |
Revenue | £949.6 million (2024) [1] |
£554.8 million (2024) [1] | |
£474.4 million (2024) [1] | |
AUM | $107 billion (31 December 2024) [2] |
Website | www |
Intermediate Capital Group is a private equity investment firm focused on providing capital to help companies grow through private and public markets and provides a number of strategies and funds aimed at institutional investors. It is headquartered in London, England, with offices in a further 16 countries, and is a constituent of the FTSE 100 Index.
The business was founded by six investment professionals in 1989 and was first listed on the London Stock Exchange in 1994. In 2010 it was reported that the credit crunch was driving its growth. [3] Intermediate Capital listed a new bond on the London Stock Exchange's Order book for Retail Bonds (ORB) in 2011. [4]
ICG has diversified its business away from its origins in private debt and equity, buying the real estate business Longbow in 2014, and taking over management of the Graphite Enterprise Trust, which is now known as the ICG Enterprise Trust, in 2015. [5] It hired an infrastructure investment team in 2018 and, in 2019, announced plans to build a private equity business in North America. [6] The then $42.6 billion firm had a “strong ambition” to expand in the continent. [6]
ICG has been a beneficiary of the trend for institutional investors to allocate assets to alternative investments, raising over €10bn during the year ended 31 March 2019. [7]
In November 2022, it was announced ICG had acquired the Madrid-headquartered renewable energy platform, Dos Grados on behalf of its €1.5 billion ($1.56 billion) debut Infrastructure Fund (ICG Infra). [8]
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. As of December 31, 2023, the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.
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