ICG Enterprise Trust

ICG Enterprise Trust plc

Company type	Public Company
Traded as	ICGT: LSE
Industry	Private Equity
Founded	July 15, 1981 (1981-July-15)
Headquarters	London , United Kingdom
Key people	Emma Osborne (head of fund investment)
Products	Private equity assets
Total assets	498.5m GBP (2015)

ICG Enterprise Trust plc (formerly Graphite Enterprise Trust plc) is an investment company listed on the London Stock Exchange. Its objective is to provide shareholders with long-term capital growth through investment in unquoted companies, mainly through specialist funds but also directly.

The company was first listed in 1981 and has invested in private equity since its inception. It was managed by Graphite Capital, an independent private equity fund manager, ab initio, by a board of six non-executive directors, until February 2016 when Intermediate Capital Group took over management of the trust.

There are approximately 400 companies in ICG Enterprise Trust’s portfolio, most of which have been involved in management buy-outs. About 90% of them are headquartered in Europe, with most of the remainder in North America.

The trust invests in UK mid-market companies through funds managed directly by Intermediate Capital Group. Investments in other UK companies and in overseas markets are made through funds managed by third parties. The Company does not invest in funds that focus on start ups or early stage businesses. Direct investments in companies may be made alongside both Intermediate Capital Group and third party funds.