2nd Apr 2025 09:51
ICG Enterprise Trust PLC - London-based investor in North America and Europe buyouts - Announces sale of eight mature primary fund investments for net cash proceeds of GBP62 million. Says it executed the sale with "significant buyer interest" and at a 5.5% discount to their valuation at September 30, realising a return of 1.6 times invested cost and releasing undrawn commitments of GBP10 million. The company has received the proceeds and will deploy them "into opportunities in line with ICGT's investment objectives and capital allocation policy". Read More
