ICG Enterprise Trust PLC

ICGT

GB0003292009

Investment Trusts

Delayed London S.E. Other stock markets 10:52:12 22/05/2024 BST			5-day change	1st Jan Change
1,196 ^GBX	-0.50%		+1.18%	-2.76%

05-08	ICG Enterprise Trust Plans GBP25 Million Share Buyback for FY25	MT
05-08	Transcript : ICG Enterprise Trust PLC, 2024 Earnings Call, May 08, 2024

ICG Enterprise invests in life and health insurance company AmeriLife

November 24, 2022 at 02:00 pm

(Alliance News) - ICG Enterprise Trust Plc said on Thursday it is investing in life and health insurance products company AmeriLife Group LLC.

The London-based investment company said it was investing USD11.2 million in the Florida, US-based firm alongside funds advised by ICG Enterprise's manager ICG PLC and private equity manager Thomas H. Lee Partners LP, also known as THL.

The investment figure relates to ICG Enterprise's look-through position in the overall investment in AmeriLife and is stated before any closing adjustments.

AmeriLife develops, distributes and administers life and health insurance products, annuities and retirement planning solutions to senior citizens in the US. It partners with US-based insurance carriers to service a national distribution network of over 300,000 insurance agents and advisors.

Shares in ICG Enterprise were down 0.2% to 1,147.50 pence in London on Thursday afternoon.

By Greg Rosenvinge; gregrosenvinge@alliancenews.com

Latest news about ICG Enterprise Trust PLC

ICG Enterprise Trust Plans GBP25 Million Share Buyback for FY25	05-08	MT
Transcript : ICG Enterprise Trust PLC, 2024 Earnings Call, May 08, 2024	05-08
ICG Enterprise Trust's FY24 Attributable Profit, Investment Returns Sink	05-08	MT
ICG Enterprise Trust PLC Reports Earnings Results for the Full Year Ended January 31, 2024	05-08	CI
ICG Enterprise Trust Logs Higher Fiscal Q3 NAV Per Share	01-25	MT
Transcript : ICG Enterprise Trust PLC, Q3 2024 Sales/ Trading Statement Call, Jan 25, 2024	01-25
ICG Enterprise Trust beats benchmark, hikes interim dividend	01-25	AN
CORRECT (Oct 5): ICG Enterprise ups interim payout on better results	06/10/23	AN
Transcript : ICG Enterprise Trust PLC, H1 2024 Earnings Call, Oct 05, 2023	05/10/23
ICG Enterprise Trust ups interim payout despite net asset value fall	05/10/23	AN
Correction: ICG Enterprise Trust Posts Lower Fiscal H1 Attributable Profit	05/10/23	MT
ICG Enterprise Trust Posts Lower H1 Attributable Profit	05/10/23	MT
Icg Enterprise Trust plc Proposes Second Interim Dividend of the Year Ended 31 January 2024, Payable 1 December 2023	05/10/23	CI
ICG Enterprise Trust PLC Reports Earnings Results for the Half Year Ended July 31, 2023	05/10/23	CI
Tranche Update on ICG Enterprise Trust PLC's Equity Buyback Plan announced on October 19, 2022.	05/10/23	CI
ICG Enterprise Trust to Coinvest EUR10 Million Alongside Cinven for Archer Acquisition	04/07/23	MT
ICG Enterprise co-invests EUR10 million for Archer purchase	04/07/23	AN
ICG Enterprise Trust PLC Elect A Ighodaro as Director	27/06/23	CI
ICG Enterprise Trust plc Announces Dividend for the Fist Quarter of Fiscal Year 2024, Payable on 1 September 2023; Provides Dividend Guidance for the Full Fiscal Year 2024	27/06/23	CI
ICG Enterprise Trust PLC Announces Final Dividend for the Fiscal Year 2023, Payable on July 21, 2023	27/06/23	CI
Tranche Update on ICG Enterprise Trust PLC's Equity Buyback Plan announced on October 19, 2022.	27/06/23	CI
ICG Enterprise Trust signs new revolving credit facility out to 2027	01/06/23	AN
ICG Enterprise Secures New EUR240 Million Revolving Credit Facility	01/06/23	MT
ICG Enterprise Trust Plc Signs a New Revolving Credit Facility	01/06/23	CI
Correction: ICG Enterprise Trust Posts Lower FY23 Profit, Investment Returns	11/05/23	MT

Chart ICG Enterprise Trust PLC

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Company Profile

ICG Enterprise Trust Plc is a United Kingdom-based closed-ended investment company. The Company is engaged in investing in private equity funds and directly into private companies. Its investment objective is to provide long-term growth by investing in private companies managed by private equity managers. It seeks to invest in cash-generating companies, primarily in the United States and Europe. It holds interests in closed-ended limited partnerships which invest in underlying companies for the purposes of capital appreciation. It invests in various sectors, such as technology, media and telecommunications, consumer goods and services, healthcare, business services, industrials, education, leisure and other. Its subsidiaries include ICG Enterprise Trust Limited Partnership, ICG Enterprise Trust (2) Limited Partnership and ICG Enterprise Trust Co-investment Limited Partnership. Its investment manager and alternative investment fund manager (AIFM) is ICG Alternative Investment Limited.

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Investment Trusts

Calendar

16/06/2024 - Q1 2024 Earnings Release (Projected)

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Last Close Price

12.02 GBP

Average target price

15.09 GBP

Spread / Average Target

+25.54%

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Investment Trusts

ICG Enterprise Trust PLC

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ICGT

GB0003292009

Investment Trusts

ICG Enterprise invests in life and health insurance company AmeriLife

Latest news about ICG Enterprise Trust PLC

Chart ICG Enterprise Trust PLC

Company Profile

Income Statement Evolution

Analysts' Consensus

Chiffre d''affaires - Rate of surprise

Sector Investment Trusts