London close: Stocks turn green after US GDP release
25th Jan 2024 15:13
(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.
Read moreIntermediate Capital hits fundraising target early as AUM grows in Q3
25th Jan 2024 08:57
(Sharecast News) - The share price of Intermediate Capital Group jumped on Thursday after the private equity investment firm reported a solid increase in fee-earnings assets under management (AUM) in its third quarter and reported that it had surpassed its medium-term fundraising targets early.
Read moreICG to replace Hargreaves Lansdown on FTSE 100 in latest reshuffle
22nd Nov 2023 12:03
(Sharecast News) - Asset manager Intermediate Capital Group (ICG) is set to be added to London's top-tier equity index in the latest quarterly reshuffle, swapping places with sector peer Hargreaves Lansdown which will be demoted to the FTSE 250.
Read moreJPMorgan upgrades Intermediate Capital Group to 'overweight'
21st Nov 2023 09:56
(Sharecast News) - JPMorgan Cazenove upgraded Intermediate Capital Group on Tuesday to 'overweight' from 'neutral' and lifted the price target to 1,882p from 1,738p as it said it was well positioned for earnings growth.
Read moreIntermediate Capital reports strong first half growth
15th Nov 2023 11:13
(Sharecast News) - Intermediate Capital Group reported a positive first half on Wednesday, with total assets under management reaching $81bn, up 3% from the start of the period.
Read moreDirector dealings: Aferian exec invests, ICG board member sells shares
17th Aug 2023 15:48
(Sharecast News) - Aferian was among those on the list of director buys on Thursday, after the B2B video streaming solutions company disclosed a purchase of 100,000 shares.
Read moreIntermediate Capital reports positive quarterly momentum
20th Jul 2023 10:00
(Sharecast News) - Alternative asset manager Intermediate Capital Group reported positive growth and momentum in its first quarter on Thursday.
Read moreBidding battle ensues for ICG unit With Intelligence
12th Jul 2023 12:07
(Sharecast News) - A takeover battle has ensued over With Intelligence, the provider of financial data to hedge funds.
Read moreICG, 3i battling to take control of Direct Ferries - report
9th Mar 2023 12:55
(Sharecast News) - Intermediate Capital Group and 3i are reportedly battling to take over online aggregator Direct Ferries which sells ferry tickets for operators including P&O and Stena Line.
Read moreDirector dealings: Intermediate Capital director raises stake
6th Mar 2023 15:11
(Sharecast News) - Intermediate Capital revealed on Monday that non-executive director Michael Nelligan had acquired 6,000 ordinary shares in the London-listed private equity investment firm.
Read moreIntermediate Capital CFOO Vijay Bharadia to step down in July
21st Feb 2023 08:07
(Sharecast News) - Intermediate Capital Group said on Tuesday that chief financial and operating officer Vijay Bharadia plans to step down after the company's annual general meeting in July.
Read moreIntermediate Capital Group sees opportunities in market dislocations
26th Jan 2023 07:17
(Sharecast News) - Intermediate Capital Group continued to successfully raise funds over the third quarter just ended on 31 December.
Read moreIntermediate Capital Group reports sharp drop in 1H profit, but alongside robust fundraising
17th Nov 2022 07:30
(Sharecast News) - Intermediate Capital Group reported a jump in third party fee income and profit at its Fund Management Company for the half, offset by a loss at the Investment Company.
Read moreNumis reiterates 'top pick' on Intermediate Capital
4th Oct 2022 14:32
(Sharecast News) - Numis reiterated its 'top pick' on Intermediate Capital Group on Tuesday, arguing that as one of the leaders in its various niches in the market and provided performance is maintained, its funds will remain sought after.
Read moreDirector dealings: Intermediate Capital CEO buys almost £0.3m of shares
29th Sep 2022 11:03
(Sharecast News) - Intermediate Capital Group was trading lower on Thursday, after it emerged that its chief executive and investment officer had purchased almost £0.3m worth of shares,
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