About us

How we create value

Creating value through a highly selective and active investment approach

A focused Investment strategy with a flexible mandate
Investment strategy Our dedicated investment team has a long track record of investing in private equity Reinvest or Return Source Analyse and select Monitor and actively manage portfolio Finance and risk

Source

The team actively source new opportunities, maintaining close relationships with private equity managers. As part of ICG, the team also benefit from insights and proprietary deal flow from the wider ICG network.

Analyse and select

Ahead of any investment, deep and granular due diligence is undertaken with strict application of investment criteria and with the benefit of insights from ICG.

Monitor and actively manage portfolio

Underlying performance is closely monitored and the Portfolio's exposures are actively managed to ensure consistent strong performance.

Finance and risk

We maintain financial strength through the cycle, with a rigorous risk-management framework to support long term investment.

Reinvest or return

Proceeds from the sales of portfolio companies are reinvested in new investment opportunities, or returned to shareholders through dividends or share buybacks.

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Generate growth

Key performance indicators

11.9%
One year
55.4%
Three years
66.8%
Five years
126.4%
Ten years

Nav per share total return1

Rationale

Includes all of the components of the Company's performance.

Progress over the year to date

The Company has continued to build on its strong performance, reporting NAV total return of 8.1% in the 6 months to 31 July 2018 (12 months to 31 January 2018: 12.5%).

1 is an APM.

17.3%
One year
55.4%
Three years
97.3%
Five years
142.2%
Ten years

Total shareholder return1

Rationale

Measures performance in the delivery of shareholder value.

Progress over the year to date

Share price increased from 818p to 852p, which, together with the dividends of 11p, generated a Total Shareholder Return of 5.5% in the 6 months to 31 July 2018 (12 months to 31 January 2018: 20.1%).

Share price (ICGT)

843p
-1.34P (-0.16%)
6:04PM 12 Nov 2018
The share price information is delayed by at least 15 minutes

Net Asset Value

1,026p
As of 31 July 2018
Next update: January 2019 – Q3 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

Disclaimer

The information contained herein and on the pages that follow does not constitute an offer to sell, or the solicitation of an offer to acquire or subscribe for, any securities in any jurisdiction where such an offer or solicitation is unlawful or would impose any unfulfilled registration, qualification, publication or approval requirements on ICG Enterprise Trust PLC (the "Company") or its affiliates or agents. Equity securities in the Company have not been and will not be registered under the applicable securities laws of the United States, Australia, Canada, Japan or South Africa (each an “Excluded Jurisdiction”). The equity securities in the Company referred to herein and on the pages that follow may not be offered or sold within an Excluded Jurisdiction, or to any U.S. person ("U.S. Person") as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or to any national, resident or citizen of an Excluded Jurisdiction.

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