M&A news

Amundi Completes Strategic Acquisition of Global Asset Manager ICG

ICG acquired by Amundi

AcquisitionUSD723,639,620Education

Get the full ICG company profile

Access contacts, investors, buying signals & more

Open in Dashboard
ICG logo
Acquired

ICG

Financial Services

Deal value

USD723,639,620

November 18, 2025

Amundi logo
Acquirer

Amundi

Financial Services

Amundi has acquired ICG, a global alternative asset manager, for $723,639,620. This corporate acquisition sees Amundi integrate ICG's extensive alternative asset capabilities into its operations, marking a significant expansion in its investment offerings. The transaction underscores a strategic move to enhance Amundi's presence in the growing alternative investment sector, distinct from any capital raising activities.

ICG, listed on the London Stock Exchange (LSE: ICG), is a prominent global alternative asset manager overseeing $123 billion in assets under management as of June 30, 2025. With over three decades of experience, ICG operates from more than 20 locations worldwide, investing client capital across a diverse range of strategies including Structured Capital, Private Equity Secondaries, Private Debt, Credit, and Real Assets. The company is known for its approach to originating differentiated opportunities and delivering long-term value through partnerships with management teams and business owners.

This acquisition is strategically significant for Amundi, a leading asset management firm. By integrating ICG, Amundi gains immediate scale and deep expertise across various illiquid asset classes, complementing its existing portfolio. The synergy is expected to broaden Amundi's product suite, allowing it to offer more flexible and comprehensive solutions to institutional and wealth clients globally. ICG's established global footprint and specialized investment teams are anticipated to accelerate Amundi’s growth in key alternative markets.

The combined entity is poised to benefit from an expanded global presence and a strengthened position in the competitive alternative asset management landscape. Clients of both firms can expect access to a wider array of differentiated investment opportunities and enhanced capabilities for responsible, long-term value creation. This acquisition aims to solidify Amundi's role as a comprehensive provider of investment solutions across the capital structure.

Buying signals & intent

Our AI suggests ICG may be interested in:

Fund administration & accounting software (fund-level accounting, NAV calculation)
Investor relations & CRM platforms (LP reporting, capital call/distribution workflows)
Portfolio management & performance analytics (eFront, BlackRock Aladdin alternatives)
Data & research subscriptions (Bloomberg, Preqin, PitchBook)
ESG & sustainability reporting tools and carbon/TCFD data providers
Compliance & regulatory solutions (KYC/AML, regulatory reporting)
Cloud infrastructure & cybersecurity (AWS/Azure, SIEM, IAM)
Legal, transaction due diligence & advisory services

Unlock GTM signals

Discover ICG's tech stack and active buying intent.

View GTM signals

Unlock key decision-makers

Get direct access to the decision-makers at ICG.

Unlock decision-makers