The market sell-off has not been kind to the listed private equity (LPE) sector. The share price of ICG Enterprise Trust (ICGT) has fallen more than most, and so we ask: do the fundamentals justify this treatment? ICGT invests in profitable, cash-generative unquoted companies, primarily in Europe and the US. Increasingly it does so by the team deciding on individual investments themselves (rather than committing to third-party managers). The ‘high conviction’ portfolio now represents 41% of the ....
04 Jun 2020
ICG Enterprise - Overview
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
ICG Enterprise - Overview
ICG Enterprise Trust PLC GBP (ICGT:LON) | 1,198 0 0.0% | Mkt Cap: 798.9m
- Published:
04 Jun 2020 -
Author:
William Heathcoat Amory -
Pages:
9
The market sell-off has not been kind to the listed private equity (LPE) sector. The share price of ICG Enterprise Trust (ICGT) has fallen more than most, and so we ask: do the fundamentals justify this treatment? ICGT invests in profitable, cash-generative unquoted companies, primarily in Europe and the US. Increasingly it does so by the team deciding on individual investments themselves (rather than committing to third-party managers). The ‘high conviction’ portfolio now represents 41% of the ....