FTSE 100 (UKX)

LONDON (ShareCast) - (Sharecast News) - ICG said on Wednesday that assets under management reached $126bn at 30 June, with fee-earning AUM rising 3% on a constant-currency basis during the quarter and 10% year on year to $88bn.
The FTSE 100 alternative asset manager recorded $2.4bn of net additions to fee-earning AUM, raised $4.1bn and deployed $3.0bn across its strategies.

It said its Europe IX fund had reached €11bn and was on track to close at €12bn in the second quarter, above its €10bn target and 50% larger than the prior vintage.

ICG also reported $36bn of dry powder, including $18bn not yet earning fees, and said its final FY26 dividend of 59.3p would be paid on 31 July.

At 0916 BST, shares in ICG were up 2.79% at 1,840p.

Reporting by Josh White for Sharecast.com.

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