ICG (ICG) Q1 2027 TU earnings summary

Executive summary

• Assets under management (AUM) reached $126bn as of 30 June 2026, with fee-earning AUM at $88bn, up 3% quarter-on-quarter and 10% year-over-year.

• Net additions to fee-earning AUM totaled $2.4bn, driven by $4.4bn gross additions and $2.0bn gross realisations.

• Total fundraising for the quarter was $4.1bn, with strong client traction across all asset classes.

Financial highlights

• Fee-earning AUM increased by 3% quarter-on-quarter and 10% year-over-year, with a five-year CAGR of 12%.

• Structured Capital and Secondaries contributed $2.2bn in fundraising, Real Assets $1.3bn, and Debt $0.6bn in Q1 FY27.

• Funds deployed $3bn of capital during the quarter, with $14.3bn deployed over the last twelve months.

• Final dividend for FY26 of 59.3p to be paid on 31 July 2026.

Outlook and guidance

• Europe IX fund is on track to close at €12bn in Q2 FY27, exceeding its €10bn target and 50% larger than the prior vintage.

• SRE III (European Real Estate equity) and SDP VI (Debt) have launched, with first closes expected before end of FY27.