ICG Subordinated Debt and Equity Strategy

A flexible strategy targeting gross annualised returns of 15%-20%, with low downside risk.

Funds within ICG’s European Mezzanine and Equity strategy invest in companies with experienced management teams, who have a proven strategy,
typically in non-cyclical industries. Investments are
usually originated, structured and managed by ICG, offering investors access to unique opportunities.

ICG has a long track record of investing across the capital structure in European
mid-market companies. 

ICG works with businesses to develop capital solutions tailored to specific requirements and designed to achieve a company’s goals. Bespoke solutions can include private debt, senior, junior and subordinated debt, mezzanine, structured loans and equity.

ICG is usually the sole institutional investor. It also invests alongside private equity sponsors or lenders, supporting the development of mature mid-market companies. ICG has been investing in the European mid-market since 1989 and has a strong presence of local teams based in offices across Europe. The team’s local knowledge, long-standing relationships,
coupled with the flexibility of ICG’s approach are a competitive advantage in accessing deals.

ICG Enterprise Trust has been investing in this strategy since 1989. At 31 January 2018, our total exposure, including undrawn commitments, was £91m, through:

Funds:

• ICG Europe V, VI
• ICG European Fund 2006 B
• ICG European Fund 2008 B

Co-investments:

• DomusVi
• Visma
• Education Personnel