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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Intermediate Capital Group AuM grows in Q3

(Sharecast News) - Private equity investor Intermediate Capital Group said on Wednesday that assets under management came to $127bn in the third quarter, with fee‑earning AUM rising to $85bn - up 1% on the period and 11% year‑on‑year on a constant‑currency basis. ICG, which held $36bn of dry powder at quarter‑end, including $19bn not yet earning fees, stated fundraising totalled $4.4bn, with active fundraising during the period including its Europe IX, LP Secondaries II, Asia‑Pacific Infrastructure I and Real Estate equity mandates.

The FTSE 100-listed firm noted that transaction activity continued to show a modest recovery, though with variation across asset classes, with its total balance sheet return positive at both the quarterly and year‑to‑date level.

ICG added that available liquidity stood at £1.4bn, up from £1.3bn at the half‑year, while net financial debt fell to £239m from £401m at H1 FY26.

As of 0850 GMT, ICG shares were up 1.78% at 2,056p.

Reporting by Iain Gilbert at Sharecast.com

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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