Cylinders of differing sizes, representing the makeup of ICG Enterprise Trust's investment portfolio

Private equity investment that aims to deliver long term value and growth

1,190.15

1,946p

ICG Enterprise Trust is focused exclusively on investing in buyouts in North America and Europe. Through our experience, global network and focus on defensive growth, we seek to deliver attractive long-term returns.

1,946p

Net Asset Value (NAV)
Per Share
(31 Jul 2024)

12.5%

5-year annualised
NAV Per Share Total Return
(to 31 Jul 2024)

11.7%

5-year annualised
Share Price Total Return
(to 31 Jul 2024)

Explore our portfolio

Blue jigsaw puzzle pieces
01

Multiversity

Multiversity is the #1 online higher education group in Italy with 170k+ students across three accredited online universities.

02

Fund commitments made in FY22

Seeds we sowed in 2021 (FY22) are showing early signs of performing well.

Three dimensional render of pastel coloured bar graphs on purple background
03

Direct co-investments made in last two years

All ‘defensive growth’ businesses backed by managers with strong relevant sector experience

Row of test tubes with liquid, pink background
04

DOC Generici

DOC Generici is a leading manufacturer of generic pharmaceuticals based in Italy

3D rendered round shapes in transparent material on a light back
05

TJC

TJC was founded in 1982. It specialises in buying and building businesses in partnership with management.

06

Archer Technologies

Archer is a leading provider of governance, risk and compliance (‘GRC’) software solutions globally, with a diverse customer base of large and mid mid-sized enterprises

Transamerica Pyramid, San Francisco, California, USA
07

Oak Hill Capital

US manager tracing its roots back to 1986

MINIMAX fire detectors
08

Minimax

In July 2018, ICG Enterprise made a co-investment of €14m in Minimax alongside ICG Europe VI, ICG Europe VII and ICG plc.

Overhead view of the working woman hands typing on keyboard notebook laptop computer at office desk
09

RegEd

A leading provider of regulatory compliance software solutions

Balanced constructor from colorful curved wooden planks in the form of spiral figure on a light pink background with soft shadows
10

Gridiron Capital

ICGT’s third commitment to funds managed by Gridiron, following a $15.0m commitment to Gridiron Capital Fund III (2016) and a $17.5m commitment to Gridiron Capital Fund IV (2019)

Engineers working on Renault Formula One car
11

Micheldever

The UK's leading distributor of tyres

European Camping Group property
12

European Camping Group (ECG)

A leading European operator of premium campsites

13

Digicert

DigiCert is a global internet security software platform

3D rendered financial performance bar chart results shot on a reflective background
14

ICG Ludgate Hill I

Diversified by fund and sector

3d render of blue rounded financial chart
15

Circana (formerly known as IRI, Information Resources Inc.)

Exit agreed in the quarter to 30 April 2022

Empire State Building, New York City
16

AEA Fund VII

Long established US private firm, founded in 1968

Woman holding pill and blank white plastic tube on pink background
17

Berlin Packaging

Co-investment alongside Oak Hill Capital Partners

Teacher and children using technology in the classroom
18

Cambium

A provider of educational software for primary schools in the US

Scientific liquid measuring equipment
19

CPA Global

Strong growth through geographic expansion

Scene within early years infant school setting within the Endevor Schools network
20

Endeavor Schools

Leading provider of private education in the US

Close-up of a dog on a blue background
21

PetSmart (Chewy)

Co-investment alongside BC European Capital IX

Medical face masks
22

Quirónsalud

The leading private healthcare operator in Spain

Coaches and buses with air conditioning unit shown on one
23

Spheros

Global market leader in development and manufacturer of air conditioning and heating systems for buses.

Carer serving meal to a lady
24

Tailwind Capital and Adobe Healthcare

An attractive investment partner and a successful exit

Digital image showing paper- and computer-storage based filing
25

Visma

Norwegian business management software developer simplifying and automating complex and manual work processes.

Golden Gate Bridge, San Francisco, California, USA
26

Gryphon Investors

Long-established US manager based in San Francisco

Shades of blue performance charts on grey background.
27

Guardian

A consolidator of closed life insurance books

Portrait of men and women holding papers
28

Our LP Secondaries programme has generated value for shareholders

Secondaries

Factsheet about ICG Enterprise Trust

H1 FY25 | Factsheet

For the six months ended 31 July 2024

H1 FY25 Factsheet
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Explore our video content

Still from video where Oliver Gardey from ICG Enterprise Trust explains why invest in private equity

Secondaries private equity deals

Private equity explained by those who understand it best.

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Still from video where Colm Walsh from ICG Enterprise Trust explains what private equity is

Our investment strategy

ICG Enterprise Trust Capital Markets Day 2023

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Still from video where Oliver Gardey from ICG Enterprise Trust explains what a secondary investment is

Oliver Gardey and ICG Enterprise Trust

Manager of ICG Enterprise Trust reflects on his experience

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Still from video where Colm Walsh from ICG Enterprise Trust explains what who private equity is for

Portfolio companies performing strongly

ICG Enterprise Trust results for the 12 months to 31 January 2024

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Our people

Oliver Gardey

Oliver Gardey

Head of Private Equity Fund Investments, ICG

Colm Walsh, Managing Director, Private Equity Fund Investments, ICG

Colm Walsh

Managing Director

Liza Lee Marchal

Liza Lee Marchal

Managing Director

Kelly Tyne

Kelly Tyne

Vice President

Josie Fair

Josie Fair

Vice President

Lili Jones

Lili Jones

Vice President