ICG Enterprise Trust Plc: Portfolio Update - IC...

ICG Enterprise Trust plc

7 November 2022

Portfolio Update

ICG Enterprise Trust committing to CD & R XII

ICG Enterprise Trust plc (ICGT) is pleased to announce that it has made a $15m commitment to Clayton, Dubilier and Rice Fund XII (CD&R XII), managed by Clayton, Dubilier and Rice LLC (CD&R).

This is ICGT’s second commitment to funds managed by CD&R, following a $10m commitment to CD&R XI in 2020.

CD&R is a global investment firm, headquartered in New York, that executes a consistent investment strategy across North America and Europe, focusing on market-leading businesses in the business services, consumer/retail, financial services, healthcare, industrial, and technology sectors.

CD&R focuses on delivering operational performance improvements, strategic change and growing productivity to create long-term sustainable value.

Enquiries

Analyst / shareholder enquiries: [phone]
Oliver Gardey, Head of Private Equity Fund Investments, ICG        
Colm Walsh, Managing Director, ICG                
Chris Hunt, Head of Shareholder Relations, ICG
Livia Bridgman Baker, Shareholder Relations, ICG                                

Media:
Clare Glynn, Corporate Communications, ICG: [phone]

Website:
www.icg-enterprise.co.uk

About ICG Enterprise Trust

ICG Enterprise Trust is a leading listed private equity investor focused on creating long-term growth by delivering consistently strong returns through selectively investing in profitable private companies, primarily in Europe and the US.

As a listed private equity investor, our purpose is to provide shareholders with access to the attractive long-term returns generated by investing in private companies, with the added benefit of daily liquidity.

We invest in companies directly and through funds managed by ICG and other leading private equity managers who focus on creating long-term value and building sustainable growth through active management and strategic change.

We have a long track record of delivering strong returns through a flexible mandate and highly selective approach that strikes the right balance between concentration and diversification, risk and reward.

Disclaimer

This report may contain forward looking statements. These written materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption therefrom. The issuer has not and does not intend to register any securities under the US Securities Act of 1933, as amended, and does not intend to offer any securities to the public in the United States. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted.

Although this investment does not amount to price sensitive material information, ICG Enterprise Trust is making this information public on an illustrative basis to aid with market understanding of our portfolio. Similar announcements may be made in respect of future non-material investments.