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Intermediate Capital Group PLC (ICP.L)

ICP.L on London Stock Exchange

1,440.00GBp
18 Sep 2019
Change (% chg)

13.00 (+0.91%)
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Latest Key Developments (Source: Significant Developments)

Intermediate Capital Group Q1 assets up 4% to 38.6 bln euros
Thursday, 25 Jul 2019 

July 25 (Reuters) - Intermediate Capital Group PLC ::SAYS TOTAL AUM UP 4% ON 31 MARCH 2019 TO EUR 38.6BN, WITH EUR 2.1BN OF NEW MONEY RAISED IN Q1.SAYS NEW MONEY RAISED INCLUDES EUR 0.8BN FOR OUR NEW EUROPE MID-MARKET FUND AND EUR 0.6BN OF SEGREGATED MANDATES RAISED FOR OUR SENIOR DEBT PARTNERS STRATEGY.SAYS THIRD PARTY FEE EARNING AUM 5% HIGHER AT EUR 31.0BN, COMPARED TO 31 MARCH 2019.  Full Article

Intermediate Capital Names Vijay Bharadia As Director Of Company
Monday, 20 May 2019 

May 20 (Reuters) - Intermediate Capital Group PLC ::REG-STATEMENT RE APPOINTMENT OF EXECUTIVE DIRECTOR.INTERMEDIATE CAPITAL GROUP PLC - VIJAY BHARADIA HAS TODAY BEEN APPOINTED AS A DIRECTOR OF COMPANY..INTERMEDIATE CAPITAL GROUP PLC - BHARADIA WILL SERVE AS CHIEF FINANCIAL AND OPERATING OFFICER OF COMPANY FOLLOWING RETIREMENT OF PHILIP KELLER.  Full Article

ICG Europe VII, In Partnership With Mérieux Equity Partners, Buys Doc Generici From CVC Fund VI
Monday, 8 Apr 2019 

April 8 (Reuters) - Intermediate Capital Group PLC ::ICG EUROPE VII, IN PARTNERSHIP WITH MÉRIEUX EQUITY PARTNERS, BUYS DOC GENERICI FROM CVC FUND VI.  Full Article

Intermediate Capital Group posts 15 pct rise in AUM to $38.6 bln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Intermediate Capital Group PLC ::TOTAL AUM 15% HIGHER AT EUR 32.9 Bln euros ($38.60 billion)AND THIRD PARTY FEE EARNING AUM 20% HIGHER AT EUR 25.2BN.INFLOWS IN Q1 WERE EUR 4.8BN. 2018/19 FUNDRAISING IS WEIGHTED TO Q1 OF FINANCIAL YEAR; EUR 3.7BN HAS BEEN RAISED FOR EUROPE FUND VII.FUND DEPLOYMENT REMAINS STRONG ACROSS STRATEGIES.ALL FUNDS ON COURSE TO MEET OR EXCEED THEIR RETURN HURDLE RATES BENOIT DURTESTE, CEO.NEW FINANCIAL YEAR HAS STARTED STRONGLY WITH AUM BREAKING EUR 30BN DRIVEN BY FUNDRAISING FOR EUROPE FUND VII WHICH IS CURRENTLY 48% LARGER THAN ITS PREDECESSOR FUND..IN ADDITION TO EUROPE FUND VII, WE COMPLETED FUNDRAISING FOR OUR NORTH AMERICAN PRIVATE DEBT FUND WITH AN ADDITIONAL EUR 280M TAKING IT TO ITS MAXIMUM SIZE OF US$1.35BN, INCLUDING $150M FROM BALANCE SHEET.TOTAL AMOUNT OF CAPITAL DEPLOYED ON BEHALF OF OUR DIRECT INVESTMENT FUNDS WAS £887M IN QUARTER.  Full Article

Intermediate Capital Group H1 assets up 14 pct; record net inflows
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Intermediate Capital Group Plc :Says ‍total assets at end-September up 14 percent from end-March to 27.2 billion euros..Says raised record ‍5.7 billion euros of new money, driven by Senior Debt Partners Strategy, which raised 4.2 billion euros over the six-month period​..Third-party fee earning assets under management down 1 percent to 18.5 billion euros due to impact of FX..Says ‍interim ordinary dividend up 20.0% to 9.0 pence per share​.Fundraising pipeline strong with a number of its larger strategies expected to begin raising successor funds in next 12 months.​.Investment company profits lower at 51.2 million pounds, (H1 2017: 92.2 million pounds), due to lower investment income​..Group profit before tax of 95.5 million pounds (H1 2017: 126.2 million pounds)​..Weighted average fee rate of 0.89 percent, down from 0.91 percent due to shift in mix of investment strategies​..Expects conditions driving long term attractiveness of alternative asset classes to remain even if central banks increase interest rates.​.Source text for Eikon: [ID:].  Full Article

MOVES-Alex Jones to head Intermediate Capital's U.S. private wealth solutions

Aug 12 Asset manager Intermediate Capital Group has named Alex Jones as the head of its U.S. Private Wealth Solutions to develop business relationships with family offices and wealth managers.