ICG Enterprise Trust Icg Enterprise Trust Plc: Portfolio Update - Icg Enterprise Trust Committing To Green Equity Ix
September 02 2022 - 2:00AM
UK Regulatory
TIDMICGT
ICG Enterprise Trust plc
2 September 2022
Portfolio Update
ICG Enterprise Trust committing to Green Equity IX
ICG Enterprise Trust plc (ICGT) is pleased to announce that it
has made a $20m commitment to Green Equity Investors IX, managed by
Leonard Green & Partners (LGP). This is the first commitment by
ICGT to a fund managed by LGP.
LGP is a leading private equity investment manager, founded in
1989 with over $75bn of assets under management. Headquartered in
Los Angeles, LGP is predominantly focused on the US market. LGP
seeks to invest in market leading companies, with defensive market
positions, multiple drivers of growth and strong management
teams.
Green Equity Investors IX will primarily focus on investing in
companies that provide services in Consumer, Healthcare and
Business Services where it has strong domain expertise.
Enquiries
Analyst / shareholder enquiries: +44 (0) 20 3545 2000
Oliver Gardey, Head of Private Equity Fund Investments, ICG
Colm Walsh, Managing Director, ICG
Chris Hunt, Head of Shareholder Relations, ICG
Livia Bridgman Baker, Shareholder Relations, ICG
Media:
Fiona Laffan, Corporate Communications, ICG: +44 (0) 20 3545
1510
Website:
www.icg-enterprise.co.uk
About ICG Enterprise Trust
ICG Enterprise Trust is a leading listed private equity investor
focused on creating long-term growth by delivering consistently
strong returns through selectively investing in profitable private
companies, primarily in Europe and the US.
As a listed private equity investor, our purpose is to provide
shareholders with access to the attractive long-term returns
generated by investing in private companies, with the added benefit
of daily liquidity.
We invest in companies directly and through funds managed by ICG
and other leading private equity managers who focus on creating
long-term value and building sustainable growth through active
management and strategic change.
We have a long track record of delivering strong returns through
a flexible mandate and highly selective approach that strikes the
right balance between concentration and diversification, risk and
reward.
Disclaimer
This report may contain forward looking statements. These
written materials are not an offer of securities for sale in the
United States. Securities may not be offered or sold in the United
States absent registration under the US Securities Act of 1933, as
amended, or an exemption therefrom. The issuer has not and does not
intend to register any securities under the US Securities Act of
1933, as amended, and does not intend to offer any securities to
the public in the United States. No money, securities or other
consideration from any person inside the United States is being
solicited and, if sent in response to the information contained in
these written materials, will not be accepted.
Although this investment does not amount to price sensitive
material information, ICG Enterprise Trust is making this
information public on an illustrative basis to aid with market
understanding of our portfolio. Similar announcements may be made
in respect of future non-material investments.
(END) Dow Jones Newswires
September 02, 2022 02:00 ET (06:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Icg Enterprise (LSE:ICGT)
Historical Stock Chart
From Sep 2024 to Oct 2024
Icg Enterprise (LSE:ICGT)
Historical Stock Chart
From Oct 2023 to Oct 2024