ICG Aims to Raise €10 Billion for Flagship Flexible Capital Fund

Intermediate Capital Group (ICG) is aiming to raise €10 billion for its flagship flexible capital fund, ICG Europe IX. The fund has already secured over €5 billion and has started deploying capital. ICG Europe IX invests across the capital structure in debt and equity deals in Europe, targeting an internal rate of return of 16% and a multiple on invested capital of 1.6x. The fund is expected to close fully by early 2026.

Intermediate Capital Group (ICG) has announced plans to raise €10 billion for its flagship flexible capital fund, ICG Europe IX. The fund has already secured over €5 billion and has begun deploying capital. ICG Europe IX invests across the capital structure in debt and equity deals in Europe, targeting an internal rate of return (IRR) of 16% and a multiple on invested capital of 1.6x. The fund is expected to close fully by early 2026.

ICG Europe IX is part of ICG's broader strategy to create sustainable value by partnering with ambitious businesses. The fund aims to provide flexible and sustainable solutions to both providers and users of capital. ICG is committed to the highest standards of corporate governance, as highlighted in its annual reports and governance documents [1].

The fund's investment strategy focuses on debt and equity deals across Europe, offering investors a diversified portfolio. The targeted IRR of 16% and a multiple on invested capital of 1.6x suggest a conservative yet ambitious approach to returns. These targets are in line with ICG's commitment to delivering value for its shareholders and debt holders.

ICG Europe IX's progress is significant, with over €5 billion already secured and capital deployment underway. The fund's expected closure by early 2026 indicates a structured timeline for investment and potential returns. This timeline is crucial for investors seeking to align their portfolios with ICG's investment strategy.

For more information on ICG's annual reports and governance, please refer to the company's official website [1]. As the fund continues to progress, investors and financial professionals will be closely monitoring its performance and the achievement of its targeted returns.

References:
[1] https://www.icgam.com/shareholders-and-debtholders/agms/