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Intermediate Capital Group PLC (ICP.L)

ICP.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Intermediate Capital Group FY assets up 29%
Wednesday, 22 May 2019 

May 22 (Reuters) - Intermediate Capital Group PLC ::SAYS AUM UP 29% ON 31 MARCH 2018 TO EUR 37.1BN, WITH EUR 10.0BN OF NEW MONEY RAISED.SAYS THIRD PARTY FEE EARNING AUM UP 41% IN YEAR TO EUR 29.6BN, RESULTING IN THIRD PARTY FEE INCOME UP 32%.SAYS FUND MANAGEMENT COMPANY PROFITS UP 51% TO £143.8M (2018: £95.3M).SAYS GROUP PROFIT BEFORE TAX OF £182.9M (2018: £199.1M).SAYS FINAL ORDINARY DIVIDEND UP 67% TO 35.0P PER SHARE.SAYS OUTLOOK REMAINS STRONG, WITH GOOD VISIBILITY ON FUTURE FUNDRAISING.SAYS MOST INVESTMENTS ARE UNAFFECTED BY BREXIT AS CROSS BORDER ACTIVITY INTO AND OUT OF UK IS VERY LIMITED.  Full Article

Intermediate Capital Appoints Vijay Bharadia Chief Financial And Operating Officer
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Intermediate Capital Group PLC ::INTERMEDIATE CAPITAL GROUP PLC - VIJAY BHARADIA WILL BE APPOINTED AS A DIRECTOR OF COMPANY, SUBJECT TO REGULATORY APPROVAL.INTERMEDIATE CAPITAL - BHARADIA WILL SERVE AS CHIEF FINANCIAL AND OPERATING OFFICER (CFOO) AND IS ANTICIPATED TO TAKE UP HIS POSITION IN MAY 2019.INTERMEDIATE CAPITAL GROUP PLC - VIJAY WILL REPLACE PHILIP KELLER WHO, AS PREVIOUSLY ANNOUNCED, WILL RETIRE TO PURSUE INTERESTS OUTSIDE CITY.  Full Article

Intermediate Capital Group Q3 assets up 5 pct
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Intermediate Capital Group PLC ::SAYS TOTAL AUM 5% HIGHER AT EUR 35.2BN AND THIRD PARTY FEE EARNING AUM 7% HIGHER AT EUR 27.9BN, COMPARED TO 30 SEPTEMBER 2018 .SAYS INFLOWS IN Q3 WERE EUR 1.9BN; OF WHICH EUR 1.0BN HAS BEEN RAISED ACROSS OUR CAPITAL MARKETS FUNDS.SAYS IT RAISED OVER EUR 1BN FOR CAPITAL MARKETS STRATEGIES, INCLUDING A EUR 0.5BN SEGREGATED MANDATE, LARGEST EVER.SAYS FUNDRAISING FOR STRATEGIC EQUITY III IS UNDERWAY, TARGETING FUND SIGNIFICANTLY LARGER THAN ITS PREDECESSOR WHICH RAISED $0.9BN OF THIRD PARTY MONEY.SAYS IT CONTINUES TO HAVE CONFIDENCE IN ABILITY TO GROW DESPITE GEOPOLITICAL UNCERTAINTIES, BUILDING CAPABILITIES IN NEWER ASSET CLASSES TO COMPLEMENT MORE MATURE BUSINESSES.  Full Article

Intermediate Capital Group H1 assets up 17 pct on inflows
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Intermediate Capital Group PLC ::SAYS AUM UP 17% ON 31 MARCH 2018 TO EUR 33.6BN, WITH EUR 6.1BN OF NEW MONEY RAISED.SAYS THIRD PARTY FEE EARNING AUM UP 24% ON 31 MARCH 2018 TO EUR 26.0BN, RESULTING IN THIRD PARTY FEE INCOME UP 35%.SAYS INTERIM ORDINARY DIVIDEND UP 11.1% TO 10.0P PER SHARE.SAYS OUTLOOK REMAINS STRONG.SAYS FUND MANAGEMENT COMPANY PROFITS UP 45% TO £64.4M (H1 2018: £44.3M).SAYS INVESTMENT COMPANY PROFITS HIGHER AT £59.6M (H1 2018: £51.2M)*; GROUP PROFIT BEFORE TAX OF £124.0M (H1 2018: £95.5M).SAYS EARNINGS PER SHARE OF 43.6P (H1 2018: 33.1P); FUND MANAGEMENT COMPANY 21.4P (H1 2018: 15.5P) AND INVESTMENT COMPANY 22.2P (H1 2018: 17.6P).  Full Article

Intermediate Capital CFO Philip Keller To Retire In 2019
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Intermediate Capital Group PLC ::BOARD CHANGE.PHILIP KELLER WILL RETIRE FROM HIS ROLE AS CHIEF FINANCE AND OPERATING OFFICER DURING 2019.PERFORMANCE AND OUTLOOK REMAIN IN LINE WITH PREVIOUS GUIDANCE GIVEN TO MARKET.FURTHER ANNOUNCEMENT IN RESPECT OF SUCCESSION TO CFO ROLE AND TIMING OF KELLER'S DEPARTURE WILL BE MADE IN DUE COURSE.  Full Article

Amy Schioldager buys 10,000 ordinary shares in ICG
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Intermediate Capital Group PLC ::AMY SCHIOLDAGER, A NON-EXECUTIVE DIRECTOR OF COMPANY, BOUGHT 10,000 ORDINARY SHARES IN COMPANY AT A PRICE OF 1033.59 PENCE PER SHARE.AS A RESULT OF THIS TRANSACTION AMY SCHIOLDAGER AND HER CONNECTED PERSONS HOLDS A TOTAL OF 10,000 SHARES, 0.004% OF THE ORDINARY SHARE CAPITAL OF THE COMPANY (EXCLUDING TREASURY SHARES)..  Full Article

Intermediate Capital Group sees FY fund management profits rise
Tuesday, 22 May 2018 

May 22 (Reuters) - Intermediate Capital Group PLC ::ICG FUNDRAISING AND CAPITAL DEPLOYMENT AT RECORD LEVELS INTERMEDIATE CAPITAL GROUP PLC (ICG) ANNOUNCES ITS FINAL RESULTS FOR YEAR ENDED 31 MARCH 2018..THIRD PARTY FEE EARNING AUM UP 12% IN YEAR TO EUR 21.0BN..STRONG DEPLOYMENT ACROSS STRATEGIES, UP 21% TO EUR 4.9BN. CONTINUED FOCUS ON INVESTMENT DISCIPLINE IN A COMPETITIVE MARKET..FUND MANAGEMENT COMPANY PROFITS UP 29% TO £95.3M (2017: £74.0M), WITH THIRD PARTY FEE INCOME¹ UP 21%..GROUP PROFIT BEFORE TAX OF £199.1M (2017: £252.4M); ADJUSTED GROUP PROFIT BEFORE TAX¹ WAS £168.3M (2017: £236.2M)..INVESTMENT COMPANY PROFITS LOWER AT £103.8M (2017: £178.4M), DUE TO LOWER INVESTMENT INCOME..  Full Article

Intermediate Capital posts full-year net asset value of 959 pence
Monday, 23 Apr 2018 

April 23 (Reuters) - Intermediate Capital Group PLC ::FY NAV PER SHARE OF 959P - TOTAL RETURN OF 12.5% 1 IN YEAR.£142M OF NEW CAPITAL DEPLOYED.£110M COMMITTED TO NINE PRIMARY FUNDS.  Full Article

Intermediate Capital Group H1 assets up 14 pct; record net inflows
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Intermediate Capital Group Plc :Says ‍total assets at end-September up 14 percent from end-March to 27.2 billion euros..Says raised record ‍5.7 billion euros of new money, driven by Senior Debt Partners Strategy, which raised 4.2 billion euros over the six-month period​..Third-party fee earning assets under management down 1 percent to 18.5 billion euros due to impact of FX..Says ‍interim ordinary dividend up 20.0% to 9.0 pence per share​.Fundraising pipeline strong with a number of its larger strategies expected to begin raising successor funds in next 12 months.​.Investment company profits lower at 51.2 million pounds, (H1 2017: 92.2 million pounds), due to lower investment income​..Group profit before tax of 95.5 million pounds (H1 2017: 126.2 million pounds)​..Weighted average fee rate of 0.89 percent, down from 0.91 percent due to shift in mix of investment strategies​..Expects conditions driving long term attractiveness of alternative asset classes to remain even if central banks increase interest rates.​.Source text for Eikon: [ID:].  Full Article

MOVES- UniCredit, Far East Consortium International, Intermediate Capital Group

Aug 13 The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.