Deploying Capital in High-Quality Assets
The capital raised through ICGSE V will be deployed in North America and Western Europe, where ICG will partner with private equity sponsors and invest in single-asset continuation vehicles—a strategy that allows top-tier firms to retain control of their best-performing assets while offering liquidity to existing investors.
“The scale achieved with ICGSE V will further enhance our ability to be a trusted and reliable partner for PE sponsors who wish to hold on to their most attractive assets for longer, while delivering a liquidity option to their limited partners,” said Ricardo Lombardi, global head of ICG Strategic Equity.
Diverse Investor Backing and Strong Market Demand
ICGSE V saw participation from a wide range of investors, including sovereign wealth funds, pension funds, insurance companies, asset managers, foundations, family offices, and high-net-worth individuals. Notably, over $4 billion of commitments came from first-time investors in ICG’s secondaries strategy, highlighting the increasing demand for this alternative investment approach.
“We are grateful for the continued support of our investors, colleagues, and partners. The final close marks a major milestone for ICG Strategic Equity and reflects the continued investor appetite for our differentiated GP-led secondaries strategy,” Lombardi added.
