Asset Manager

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Intermediate Capital Group

ICG plc (formerly Intermediate Capital Group plc until July 2025) is a global alternative asset manager headquartered in London, United Kingdom, operating from...

Intermediate Capital Group logo

Intermediate Capital Group

ICG plc (formerly Intermediate Capital Group plc until July 2025) is a global alternative asset manager headquartered in London, United Kingdom, operating from over 20 locations worldwide and listed on the London Stock Exchange (LSE: ICG) (per company website and name change announcement). Founded in 1989, the firm provides flexible capital solutions to companies and real asset owners while managing capital for institutional clients across Structured Capital and Secondaries, Private Debt and Credit, and Real Assets (per Our History and What We Do pages). As at 30 June 2026, total assets under management (AUM) stood at $126 billion, with fee-earning AUM of $88 billion and dry powder of $36 billion (per Q1 FY27 trading update). For the year ended 31 March 2026, AUM was $126 billion (up from $112 billion in FY25), supported by $16.6 billion of fundraising, management fees of £685 million, and fee-related earnings of £350 million (per Final Results for FY ended 31 March 2026 and Annual Report and Accounts 2026). The firm serves 877 institutional clients with 676 permanent employees and emphasizes originating differentiated opportunities, responsible investing, and long-term value creation through partnerships with management teams (per Annual Report 2026 and website). ICG maintains a robust balance sheet and focuses on scalable, investment-led growth across private markets strategies.

General information

Firm type

Generalist

Year founded

1989

AUM

$126B (30 June 2026)

Location

Region

North America

Country

United Kingdom

City

London

Corporate office

Procession House 55 Ludgate Hill, New York, United States

Principals

Benoît Durteste

Chief Investment Officer and Chief Executive Officer

David Bicarregui

Chief Financial Officer

Antje Hensel-Roth

Chief People and External Affairs Officer

William Rucker

Chair

Alan Isenberg

Global Head of the Client Solutions Group

Andrew Sykes

Senior Independent Director

Sector focus

Private EquityReal EstateRenewable Energy

Frequently asked questions

What is the current assets under management (AUM) of ICG plc?

As at 30 June 2026, ICG reported total AUM of $126 billion and fee-earning AUM of $88 billion (per Q1 FY27 trading update dated 15 July 2026). This compares to $126 billion AUM and $86.5–$87 billion fee-earning AUM at 31 March 2026 (per Final Results and Annual Report and Accounts 2026).

When was Intermediate Capital Group / ICG founded and what is its legal name?

The firm was founded in 1989 in the UK as Intermediate Capital Group. Effective 21 July 2025, it changed its name to ICG plc at Companies House (per official name change announcement and Our History page).

Where is ICG headquartered and what is its geographic footprint?

ICG plc is headquartered at Procession House, 55 Ludgate Hill, London, EC4M 7JW, United Kingdom, and operates from over 20–23 locations globally across Europe, North America, Asia Pacific, and the Middle East (per Our Offices and company information pages).

Who are the key executive leaders of ICG?

Key leaders include Benoît Durteste (Chief Investment Officer and Chief Executive Officer), David Bicarregui (Chief Financial Officer), Antje Hensel-Roth (Chief People and External Affairs Officer), and William Rucker (Chair), all serving as Board members (per Leadership & Governance page).

What are ICG’s primary investment strategies?

ICG invests clients’ capital across Structured Capital and Private Equity Secondaries, Private Debt and Credit, and Real Assets, providing flexible solutions across the capital structure (per What We Do page and Annual Report and Accounts 2026).

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