$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-q[1]); fee-earning AUM of $71bn (+2.8% q-o-q[1]); 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 2025[2]
Unless otherwise stated the financial results discussed herein are on the basis of alternative performance measures (APM) basis; see full year results.
- On a constant currency basis
- As previously announced