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ICG Intermediate Capital Group Plc

2,260.00
-54.00 (-2.33%)
27 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Intermediate Capital Group Plc ICG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-54.00 -2.33% 2,260.00 16:35:03
Open Price Low Price High Price Close Price Previous Close
2,286.00 2,260.00 2,308.00 2,260.00 2,314.00
more quote information »
Industry Sector
INDUSTRIAL TRANSPORTATION

Intermediate Capital ICG Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
13/11/2024InterimGBP0.26305/12/202406/12/202410/01/2025
28/05/2024FinalGBP0.53213/06/202414/06/202402/08/2024

Top Dividend Posts

Top Posts
Posted at 23/1/2025 08:58 by pvb
I'll put the ICG News link in the header, Mirandaj.
Posted at 22/1/2025 17:01 by pvb
ICG plc
22 January 2025
Q3 update for the nine months ended 31 December 2024

$22bn raised in the last twelve months
Highlights

• Strong fundraising of $7.2bn in the quarter resulting in $22bn raised in the last twelve months, more than twice as much as raised in calendar 2023 and supporting long-term growth in client capital and management fees

• Client commitments included $1.8bn to Strategic Equity and $1.8bn to Europe IX. Europe IX expected to be activated and fee-earning by March 2025

• AUM of $107bn (+5.1% q-o-q1); fee-earning AUM of $71bn (+2.8% q-o-q1); AUM not yet earning fees of $20bn

• Investment environment remains in line with recent quarters

• Balance sheet investment portfolio during the quarter generated positive NIR in all asset classes and net cash realisations

• AAA ESG rating awarded by MSCI for the fourth consecutive year, membership of the Dow Jones • Sustainability Index (Europe) for the second consecutive year

• Shareholder seminar on ICG Strategic Equity to be held online on 5 March 2025 at 5pm GMT. Register here

• Sonia Baxendale joined the Board as a Non-Executive Director in January 20252
Posted at 22/1/2025 11:18 by martinmc123
4*
Intermediate Capital Group reported another very strong quarter of AUM growth in today’s Q3 update for the nine months ended 31 December 2024. The Group posted strong fundraising of $7.2bn in the quarter resulting in $22bn raised in the last twelve months, more than twice as much as raised in calendar 2023 and supporting long-term growth in client capital and management fees. AUM were up to $107bn +5.1% q-o-q ...from WealthOracle

wealthoracle.co.uk/detailed-result-full/ICG/1163
Posted at 09/1/2025 15:33 by pvb
Ordinary dividend payment tomorrow - 10th January
Posted at 13/11/2024 16:44 by its the oxman
Intermediate Capital Group total assets under management rose to $106bn at the end of its first half, it reported on Wednesday, as fee-earning assets under management were up 4% from 31 March The FTSE 100 company said it achieved $10bn in fundraising, marking its second-highest six-month fundraising performance, including significant client capital raises for SDP V and NACP III, both approximately 50% larger than previous vintages.Management fees increased 23% year-on-year to £287m, while performance fees grew 9% to £32m.The fund management company's profit before tax rose 21% to £196m, resulting in a 55.3% profit margin, reflecting ICG's focus on operational efficiency.Group operating expenses remained stable compared to the prior half-year, up 8% year-on-year to £197m.Investment momentum continued to build, with private debt returning to net deployment in the second quarter.Group profit before tax was £198m, down from £242m in the first half of the 2024 financial year, and earnings per share decreased to 57.6p from 71.5p.Despite the profit drop, ICG maintained its interim dividend, increasing slightly to 26.3p per share in line with policy."During the last six months we have reinforced our leading positions in flagship strategies and have significantly progressed a number of scaling strategies," said chief executive and investment officer, Benoît Durteste."We are reporting near-record levels of fundraising, increasing transaction activity, higher client numbers, and growth across almost all key financial metrics."Senior Debt Partners completed the largest ever direct lending fundraise in Europe at $17bn1, reinforcing ICG's position of strength and incumbency to capitalise on that market."Durteste said the company's structured capital, secondaries and real assets strategies - which accounted for around 55% of its fee-earning assets under management - were originating attractive opportunities and experienced higher levels of investment activity than recent periods."We have just hosted our annual LP gatherings in Europe, the US and Asia."ICG's differentiated client offering resonates strongly, founded upon our distinctive waterfront of products with top quartile performance and DPI in a number of strategies, supported by our continued platform investments."Benoît Durteste said that while uncertainty persisted in a number of areas, the firm was seeing that managers such as ICG could generate attractive returns and raise significant amounts of client capital."This is accelerating the development of a relatively small group of globally relevant, scaled private market managers, and gives us confidence as we look to our next $100bn and beyond."At 1012 GMT, shares in Intermediate Capital Group were down 5% at 2,128p.
Posted at 13/11/2024 08:10 by pvb
Intermediate Capital Group plc: Interim Results for the six months ended 30 September 2024
13/11/2024



Highlights

• AUM of $106bn, including fee-earning AUM of $73bn (up 4% compared to 31 March 2024) and $19bn AUM not yet earning fees

• Fundraising of $10bn, ICG's second-highest ever six month fundraise. Included final closes of SDP V and NACP III, both with ~50% more client capital than prior vintage. First close of Europe IX expected in FY25

• Investment activity continues to build; Private Debt reverted to net deployment in Q2

• Management fees of £287m, up 23% year-on-year (+10% LTM compared to FY24)

• Performance fees of £32m, up 9% year-on-year

• Fund Management Company profit before tax of £196m, up 21% year-on-year (+9% LTM compared to FY24). FMC PBT margin of 55.3%

• Group operating expenses of £197m, flat compared to H2 FY24 and up 8% year-on-year

• Balance sheet generated NIR of £48m (3% return, five year average return of 11%); NAV per share1 of 788p

• Group PBT of £198m (H1 FY24: £242m) and Group EPS of 57.6p (H1 FY24: 71.5p)

• Interim dividend of 26.3p per share, in line with policy (H1 FY24: 25.8p per share)

"While uncertainty persists in many areas, we are seeing that top-tier managers such as ICG can generate attractive returns and raise significant amounts of client capital. This is accelerating the development of a relatively small group of globally relevant, scaled private market managers, and gives us confidence as we look to our next $100bn and beyond."


Might be an idea to keep an eye on the evolution of the Management fees/Group PBT ratio?
Posted at 11/9/2024 13:45 by its the oxman
ICG up today.Intermediate Capital : ICG announces final close for Senior Debt Partners fund 5 at $17bn, significantly above targetSeptember 11, 2024 at 06:38 am EDT ShareLargest ever direct lending fundraise in EuropeICG, the global alternative asset manager, has held the final close for the fifth vintage of its flagship direct lending strategy, Senior Debt Partners ("SDP"). The fund and associated vehicles* raised a total of $17bn (approximately €15.2bn), significantly exceeding the initial target of $11-12bn. To date, the fund has invested circa 45% of the capital raised.SDP was launched in 2012 to provide first lien, senior secured loans to a wide and diversified pool of mid and upper mid-market European-based businesses, typically owned by leading private equity firms. Today the strategy is a market leader in the asset class, investing and managing capital on behalf of over 180 clients.Benoît DurtesteBenoît Durteste, CIO and CEO of ICG, commented:This fundraise underlines ICG's leading position in European direct lending. We are proud to be amongst the beneficiaries of a market environment in which clients are increasingly looking to partner with a smaller number of managers, and this significant upsize of one of our flagship funds is a notable achievement as we execute our strategy of scaling up and scaling out.Peter LockheadMathieu Vigier Peter Lockhead and Mathieu Vigier, Co-Heads of SDP, commented:The direct lending market in Europe remains attractive from an investment perspective through economic cycles, and we have a significant pipeline of opportunities. Today's announcement underlines the appeal of SDP's clear investment strategy and our differentiated origination platform, and we are grateful to our clients for the support they have shown.
Posted at 02/9/2024 07:26 by mirandaj
Be aware how they plan their strategy constantly.

QUOTE

Tax Strategy FY2023 icgplc.com

 ICG is a global alternative asset manager creating sustainable value by partnering with ambitious businesses.  Our business involves raising capital from third party investors, investing that capital and maximising returns from investment for our investors.  We manage over $70bn of AUM and our responsibilities set out within our global tax strategy are critical to deliver the appropriate tax outcomes for the Group, our international third party investors, our investing structures and our people.  The Group’s tax team sit at the heart of the organisation and report directly to the Chief Financial and Operating Officer (“CFOO”).  The CFOO reports to the Audit Committee who oversee the tax strategy and risk management framework.   The Group considers tax risk in line with the four key areas: Investors, Investments, Group and our People (in respect of withholding compliance for employees).  In each area, we focus on the design of responsible and sustainable structures, and the timely and accurate reporting of relevant tax compliance information.  


The Group has a low appetite for tax risk and the sustainability of our structuring arrangements are fundamental to managing the ongoing risk appetite of the Group and the certainty of tax outcomes for our stakeholders therein.  The Tax Strategy published herein sets our approach to managing the tax affairs of ICG plc and its subsidiaries (together the “Group”), both in the UK and in each of the markets in which it operates.  The Group does not provide tax advice to our investors, investments or our people.  Our third party investment funds seek their own independent professional advice to meet their respective investing or business need. 


  The Tax Strategy for the Group covers:  -

 - - - - Our tax governance framework; 

 Our commitment to timely and accurate tax compliance, including tax payments;

  Our approach to tax planning;  ;

Our ongoing controls to limit tax risk, and manage any residual risk arising;

 and Our commitment to build positive relationships with tax authorities and related government bodies. 

 The publication of this Tax Strategy is in compliance with paragraph 16(2) of Schedule 19 to the Finance Act 2016 for the financial year ending 31 March 2023.   
Posted at 28/5/2024 07:23 by p49b
The Board has proposed a final dividend of 53.2p per share which, combined with the interim dividend of 25.8p per share, results in total dividends for the year of 79.0p (FY23: 77.5p). This marks the 14th consecutive year of increases in our ordinary dividend per share, which over the last five years has grown at an annualised rate of 12%. We continue to make the dividend reinvestment plan available.
Posted at 22/5/2024 18:57 by zeppo
hxxps://www.icgam.com › 2024 › 05 › 22 › icg-and-teras-launch-templus-the-first-southern-europe-regional-data-centre-platform

ICG and Teras launch Templus, the first Southern Europe regional data ...
Today

Templus utilises a new business model premised on infrastructure's close-to-end customers, digital security, and the highest standards of sustainability and energy efficiency.

ICG, the global alternative asset manager, and Teras Capital (" Teras "), the investment platform led by successful digital

This and Full Year Results on 28th May: Wow!

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