ICG Enterprise Trust's Strategic Capital Allocation

Hardman & Co Research has released a report on ICG Enterprise Trust plc, highlighting its unique capital allocation strategy. Shareholders of ICGT benefit from a defensive growth approach, which sets it apart from industry peers. The strategy involves immediate income via a progressive dividend, alongside long-term capital growth through new private equity investments.

The company also conducts a continuous and opportunistic share buyback program. This enhances NAV when discounts are high, offering further accretion. ICGT’s capital allocation policies not only provide income but also ensure lasting shareholder value.

The report, dated 28 January 2025, follows an earlier May 2024 analysis that showcased ICGT's portfolio companies' robust performance. The full document is available through Hardman & Co's website.