- Amundi and ICG have signed a 10-year deal making Amundi the exclusive wealth-channel distributor for ICG’s evergreen products outside the US, Australia and New Zealand
- Amundi’s stake carries 4.9 percent of voting rights and will show up in its assets under management and financial results from the third quarter of 2026
- The firms’ first jointly developed product, an evergreen fund giving wealth investors access to ICG’s LP Secondaries strategy, is due to launch in the coming weeks
Amundi has completed its acquisition of a 9.9 percent economic stake in ICG, including 4.9 percent of voting rights, for a total investment of approximately €620 million. The deal follows the long-term strategic and equity partnership the two asset managers announced in November 2025.
From the third quarter of 2026, Amundi’s assets under management, net flows and financial results will reflect the contribution from its economic interest in ICG.
As part of the partnership, Amundi and ICG have signed a 10-year agreement under which Amundi becomes the exclusive global distributor, excluding the US, Australia and New Zealand, for ICG’s evergreen and certain other products in the wealth channel. ICG is in turn Amundi’s exclusive provider of those products for Amundi’s distribution business.
The two firms are also jointly developing new products aimed at wealth investors. The first, an evergreen fund giving access to ICG’s LP Secondaries investment strategy, is expected to launch in the coming weeks.
Amundi is a Paris-based asset manager and a subsidiary of Crédit Agricole, managing close to €2.6 trillion in assets across active, passive and private market strategies. ICG is a London-listed alternative asset manager with $126 billion in assets under management.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.