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ICG raises €8.1bn for eighth vintage of flagship European Corporate fund

ICG, the global alternative asset manager, has completed fundraising for its eighth European Corporate fund (Europe VIII).

The fund held a final close with a total fund size of €8.1 billion, materially in excess of the target of €7.0 billion and exceeding its hard cap, as well as representing a 90% increase in client capital compared to its predecessor vintage, Europe VII.
The fund attracted commitments from over 100 clients, including 33 new clients across Europe, Asia, the Middle East and the US, incorporating a range of investors, such as large public pension schemes, institutional clients and insurance firms.
European Corporate is one of ICG’s flagship strategies, providing flexible capital solutions to companies across Europe. With a 33-year track record, the strategy has invested over €27 billion across more than 400 transactions. Today the team comprises investment professionals across seven European offices, leveraging ICG’s local origination network and institutional capabilities in digital enhancement, ESG and value creation.

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