About us

Corporate responsibility

The long term business success of ICG Enterprise Trust requires effective management of both financial and non-financial performance.

ICG Enterprise Trust’s Manager, ICG, has a well-defined Corporate Social Responsibility (“CSR”) framework in place covering responsible investment as well as responsibility to its people, community and the environment. Full details of ICG’s CSR framework can be found on its website www.icgam.com.

Responsible investment

The Company has adopted ICG’s policies and practices on Environmental, Social and governance (“ESG”) factors which are key considerations in ICG’s investment philosophy.

ICG has been a signatory to the United Nations Principles for Responsible Investment (UNPRI) since 2013. The UNPRI was launched in 2006 and has become the standard for global best practice in responsible investing. The UNPRI aims to ensure that ESG issues are considered during the investment process and in subsequent management of investments.

ICG acknowledges that ESG issues can affect the performance of investment portfolios. Investing practices which incorporate ESG issues can be both financially profitable and profitable for society as a whole. ICG incorporates ESG policies where appropriate in the investment process. This includes discussions with the businesses that ICG invests in about how they deploy ESG practices and policies and understanding the ESG impacts of our entire portfolio.

ICG aims to act responsibly and cautiously as the guardian of its investors’ capital in portfolio companies, and considers ESG at all stages of the investment cycle, from due diligence to exit. ICG funds adhere to ICG’s responsible investment policy “Responsible Investment Policy”), which focuses primarily on pre-investment due diligence and portfolio monitoring. In addition, ICG annually surveys portfolio companies to monitor ESG performance and encourage best practice. ICG’s Responsible Investment Committee meets regularly to discuss policy matters.

Funds in which ICG Enterprise Invests

As a fund investor, regulations and commercial realities limit the degree of influence which the Company could have on those funds. ICG aims to develop open, long term relationships with the private equity managers with whom the Company invests and engages with the underlying managers to identify where non-financial issues may have an impact on the Company’s reputation and on that of our shareholders.

The investment team has developed strong relationships, balancing the legitimate needs of the underlying managers of the funds in which the Company invests with the interests and expectations of our shareholders. The investment team aims to do this by:

  • Before investment, evaluating how the underlying managers assess ESG issues as part of their due diligence on companies and how they report such issues.
  • Ensuring the highest levels of integrity in relationships with the underlying managers,
    including appropriate transparency on fees and governance matters.
  • Developing strong and open working relationships with underlying managers,
    to maintain trust without unnecessary restrictions and unrealistic requests.
    Undertaking early and constructive engagement on ESG issues of legitimate
    concern to the Company’s shareholders.

Share price (ICGT)

-6.00P (-0.71%)
12:39AM 24 Mar 2019
The share price information is delayed by at least 15 minutes

Net Asset Value

As of 31 October 2018
Next update: April 2019 – Year-end results
Year Net assets NAV per share Share price Dividends per share
Jan 2018 £664m 959p 818p 21p
Jan 2017 £613m 871p 698p 20p
Jan 2016 £521m 731p 545p 11p
Jan 2015 £507m 695p 575p 15.5p
Jan 2014 £494m 677p 563p 15.5p
Jan 2013 £460m 631p 487p 5p
Jan 2012 £415m 569p 357p 5p
Jan 2011 £389m 534p 308p 2.25p
Dec 2009 £338m 464p 305p 2.25p
Dec 2008 £327m 449p 187p 4.5p


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