Our Portfolio

RegEd

$6m
TOTAL INVESTMENT
A leading provider of regulatory compliance software solutions
Key stats
Region North America
Date invested July 2019
Sector Technology
Underlying manager Gryphon Investors

RegEd is a market-leading provider of compliance related software solutions. It has relationships with more than 200 clients, including 80% of the top 25 financial services firms in the US. Its clients are primarily in the insurance, broker-dealer, and banking sectors in the US.

The company was established in 2000 by a team of former regulators and is recognised for continuous innovation in regulatory technology. Its solutions improve its clients’ workflows, provide data integration and regulatory intelligence, and help automate business processes. RegEd’s products drive enhanced operational efficiency and enable its clients to comply with complex regulations in a cost effective manner whilst continuously mitigating risk.

RegEd estimates that there are more than 5,000 insurance and securities regulatory changes each year. RegEd’s products allow its clients to keep pace with these changes. Technological solutions also allow processes to be better adapted to remote working.

ICG Enterprise co-invested alongside Gryphon Investors in 2019. Gryphon has a highly thematic approach to origination and had identified the company as an attractive investment following its extensive research into the governance, risk and compliance sector. It is partnering with the successful, existing senior management team. The company will be chaired by an experienced senior executive who is an acknowledged expert in the governance, risk and compliance software as a service sector and an existing member of Gryphon’s executive advisory board. Gryphon believes that it can grow the company through accretive acquisitions

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Share price (ICGT)

754p
24.00P (3.29%)
5:16PM 6 Jul 2020
The share price information is delayed by at least 15 minutes

Net Asset Value

1,100p
As of 30 April 2020
Next update: October 2020 – Q2 results
Year Net assets NAV per share Share price Dividends per share
Jan 2020 £794m 1,152p 966p 23p
Jan 2019 £731m 1,057p 822p 22p
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