Intermediate Capital Group SPS (FRA: I2X2) Full year 2025 earnings sound Highlights: Record …

Appearance date: May 21, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• The Intermediate Capital Group PLC (FRA: I2X2) achieved a fundraiser of 24 billion US dollars and a new high of 600 million pounds of management fees, an increase of 19% compared to the previous year.

• The company has 32 billion US dollars of dry powder and offers considerable firepower for future options.

• ICG has strengthened its market-leading positions in GP-guided secondary trenches worldwide, European direct lending and structured capital.

• The company successfully increased three scaling strategies, including North America credit partners and European infrastructure -own capital, which are now positioned for further growth.

• Administrative fees rose by 19% compared to the previous year and the fund management company's profit before the tax rose by 23%.

• The direct credit segment faces challenges due to the depressive buyout transaction activity and the outbreaks of evaluation.

• The fundraising cycle is expected to be a dumbbell, with the GJ 26 and probably 27 are low regardless of the market conditions.

• Despite strong performance, ongoing macro uncertainty shows a wide range of potential results.

• The company has considerable AUM that do not yet earn fees, especially for private debts, which could affect short -term income.

• The private market environment is still a challenge that could influence the future donation and provision activities.

Q: Can you give an overview of the financial performance of the year? A: Bernard Orest, CEO and CIO, emphasized that ICG had an increase of $ 600 million with $ 24 billion in donation and administrative fees for a new high of the previous year. The company has $ 32 billion in dry powder, which reinforces its market-leading positions in various sectors and achieves considerable growth of the scaling strategies.

Q: What are the most important strategic achievements for ICG this year? A: Bernard Orest emphasized the successful scaling of strategies, including credit partners in North America and European infrastructure. ICG has also expanded its global presence by opening three new offices and offering senior employees, which has strengthened their competitive position on the market.

Q: How did the ICG donation strategy develop and what are the future expectations? A: Bernard Orest explained that ICG made strategic decisions to extend the donation period for strategic equity 5 and brought the first European degree. With regard to the future, the focus will be on the ninth year of European companies, with a strong start.