ICG Enterprise Belief plc
24 November 2022
ICG Enterprise Belief co-investing in AmeriLife
ICG Enterprise Belief plc (ICGT) is happy to announce that it’s investing in AmeriLife, alongside funds suggested by ICGT’s Supervisor, ICG plc1 and THL, a number one US Personal Fairness Supervisor.
In combination, on a look-through foundation, ICGT is predicted to speculate roughly $11.2m (£9.6m) in AmeriLife. This determine pertains to ICGT’s look-through place within the total funding in AmeriLife and is acknowledged earlier than any closing changes.
AmeriLife is a nationwide chief in growing, advertising and marketing, distributing and administering life and medical insurance merchandise, annuities, and retirement planning options to senior residents within the US. For practically 50 years, AmeriLife has partnered with the US’ main insurance coverage carriers to service a nationwide distribution community of over 300,000 insurance coverage brokers and advisors.
1 Intermediate Capital Group plc
Analyst / Investor enquiries: +44 (0) 20 3545 2000
Oliver Gardey, Head of Personal Fairness Fund Investments, ICG
Colm Walsh, Managing Director, ICG
Chris Hunt, Head of Shareholder Relations, ICG
Livia Bridgman Baker, Shareholder Relations, ICG
Clare Glynn, Company Communications, ICG: +44 (0) 20 3545 1395
About ICG Enterprise Belief
ICG Enterprise Belief is a number one listed non-public fairness investor targeted on creating long-term development by delivering constantly robust returns by way of selectively investing in worthwhile non-public firms, primarily in Europe and the US.
As a listed non-public fairness investor, our objective is to supply shareholders with entry to the engaging long-term returns generated by investing in non-public firms, with the additional advantage of every day liquidity.
We put money into firms straight and thru funds managed by ICG and different main non-public fairness managers who deal with creating long-term worth and constructing sustainable development by way of lively administration and strategic change.
We’ve an extended monitor file of delivering robust returns by way of a versatile mandate and extremely selective method that strikes the suitable stability between focus and diversification, threat and reward.
This report might include ahead trying statements. These written supplies usually are not a suggestion of securities on the market in the US. Securities will not be provided or bought in the US absent registration beneath the US Securities Act of 1933, as amended, or an exemption therefrom. The issuer has not and doesn’t intend to register any securities beneath the US Securities Act of 1933, as amended, and doesn’t intend to supply any securities to the general public in the US. No cash, securities or different consideration from any individual inside the US is being solicited and, if despatched in response to the data contained in these written supplies, is not going to be accepted.
Though this funding doesn’t quantity to cost delicate materials data, ICG Enterprise Belief is making this data public on an illustrative foundation to assist with market understanding of our portfolio. Related bulletins could also be made in respect of future non-material investments.