Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
ICP.L Share News (ICP)
ICP Share
Price
ICP Share
News
ICP Share
Chat
ICP Share
Trades
ICP
Live RNS
ICP Share
Charts
ICP Broker
Ratings
ICP Directors
Deals
ICP Financial
Diary
ICP
Fundamentals
ICP Short
Positions
ICP
Media
ICP Company
Research
ICP Company
Timeline
- There is currently no data for ICP
Intermediate Capital Buys Graphite Capital's Private Equity Unit
LONDON (Alliance News) - Specialist asset manager Intermediate Capital Group PLC on Wednesday said it has acquired the private equity unit of Graphite Capital Management LLP for around GBP20.0 million.
The unit is responsible for managing and investing the Graphite Enterprise Trust, a London-listed investment trust, which will be renamed the ICG Enterprise Trust from February 1, 2016. This change was confirmed by the fund itself.
Intermediate Capital said the new unit is complementary to its existing private markets investing business.
"ICG is delighted the Graphite Enterprise Trust Board have chosen to move the management of the investment trust to ICG for its future development, we see great opportunities to continue to develop the strategy for existing shareholders as well as to deliver a new strategic business area for ICG," said Chief Financial Officer Philip Keller.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Latest ICP News
- LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher
11 Apr 2024 - Marston's Chair William Rucker to leave to take chair of British Land
11 Mar 2024 - LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG
26 Jan 2024 - London close: Stocks turn green after US GDP release
25 Jan 2024 - Intermediate Capital hails balance sheet as assets under management up
25 Jan 2024 - Intermediate Capital hits fundraising target early as AUM grows in Q3
25 Jan 2024 - UK earnings, trading statements calendar - next 7 days
18 Jan 2024 - LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group
10 Jan 2024
Related News
WINNERS & LOSERS: easyJet rebuffs third "opportunistic" Castlelake bid
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday.
LONDON BROKER RATINGS: Goldman cuts Big Yellow price target
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday:
Great Portland calls pre-letting of London property a "great result"
(Alliance News) - Great Portland Estates PLC on Monday called the pre-letting of a property in central London a "great result".
ICP.L News
LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Marston's Chair William Rucker to leave to take chair of British Land
(Alliance News) - British Land Co PLC on Monday said it appointed Marston's PLC Chair William Rucker as chair designate, with Rucker leaving the Marst...
LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
London close: Stocks turn green after US GDP release
(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the Un...
Intermediate Capital hails balance sheet as assets under management up
(Alliance News) - Intermediate Capital Group PLC on Thursday reported a rise in assets under management, as it noted sound capitalisation and a "valua...
Intermediate Capital hits fundraising target early as AUM grows in Q3
(Sharecast News) - The share price of Intermediate Capital Group jumped on Thursday after the private equity investment firm reported a solid increase...
LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Follow the stocks
