ICG — funds, providers and filings

The US-reported view

The sections below draw on US regulatory filings — SEC Form ADV and Form D — and on US investors' own disclosures. They set out ICG's US-reported slice: the funds, service providers, domiciles and activity visible in US filings, not its worldwide business.

1. US-SEC private funds

This page reports $111.1bn of gross asset value across 202 private funds that ICG reports on SEC Form ADV, filings through 2024. Its firm-wide figures are in the Assets summary at the top of this page, measured on a different basis.

Worldwide, 55 registered fund vehicles are on file under its management companies, on the worldwide entity register (read 2026-10-05) — these are legal fund entities, not the share classes or products a manager markets.

2. Service providers

EY audits 143 of the 183 ICG funds that name an auditor on Form ADV Schedule D, filings through 2024 — more than any other firm. BNP Paribas S.A., Luxembourg Branch administers 45 of the 201 that name an administrator, on the same filings. Relationships the filings attribute to ICG's own group are part of its structure, not third-party appointments, and are left out of these counts.

Across the funds that disclose each role on Schedule D — the count is funds naming that provider, of funds disclosing the role at all:

3. Fund domiciles

88 of ICG's 202 SEC-reported private funds are domiciled in Luxembourg, its largest single domicile on Form ADV, filings through 2024. Ireland is next, and the bars below give the rest in order.

4. Fund filing activity

ICG ALTERNATIVE CREDIT (CAYMAN) MASTER LP is the largest US raise on file for an ICG fund: $1.3bn sold to date, on its 2026 Form D filing. Amounts are cumulative sold-to-date figures as filed. They cover a fund's life up to that filing, not a single fundraise, and a fund that raises outside the US files nothing here.

The largest of the 8 US private-fund filings for ICG's funds, by amount sold to date as filed.

5. Fund performance

Every figure here is a disclosing pension plan's own, on that plan's own reporting date. Nothing is blended into a manager-level return, because no plan published one.

Per-fund net IRR, multiple and DPI as disclosed by the pension plans invested in the funds — the LPs' own numbers, on their own dates, not the manager's. One row per plan disclosure. Where two plans hold the same fund and report different numbers, both rows show, with their dates:

Young vintages sit in the J-curve: an early negative IRR mostly reflects fees drawn before value is realised, and is not a verdict on the fund.

6. Known LP investors, from their own disclosures

NYC BERS (6), NYC Teachers (6), NYC Police (4), CalSTRS (3), NYC Fire (2), NYCERS (2) — the count is this manager's funds appearing in that plan's disclosure.

7. Management entities

ICG files Form ADV through 5 management entities; the largest is Icg Europe S.A.R.L., CRD 297544 of LUXEMBOURG, with 81 of the 202 funds on this page. Every figure above rolls those filers up into one business. The table below traces each of them back to the entity that filed it, so a number can be checked against its own record rather than taken on trust.

8. Similar managers

• T. Rowe Price — also names KPMG as auditor on 4 of its funds (its Form ADV)
• EQT — also names Deloitte as auditor on 7 of its funds (its Form ADV)
• Man Group — also names Deloitte as auditor on 77 of its funds (its Form ADV)
• Hellman & Friedman — also names EY as auditor on 59 of its funds (its Form ADV)
• Schroders — also names EY as auditor on 92 of its funds (its Form ADV)
• Warburg Pincus — also names EY as auditor on 222 of its funds (its Form ADV)