Q1 trading statement 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 $18bn
  • Strong 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 deployment1 of $3.9bn (Q1 FY24: $1.0bn) and realisations1,2 of $2.5bn (Q1 FY24: $0.6bn)
  • Expectations remain unchanged from our FY24 results
  • Marking a decade of responsible investing at ICG with the publication of our latest Sustainability and People Report, available here

Read more

References

Unless otherwise stated the financial results discussed herein are on the basis of alternative performance measures (APM) basis; see full year results.

  1. Direct investment funds
  2. Realisations of fee-earning AUM