ICG Enterprise Trust announces realisation of Datasite

Core Insights - ICG Enterprise Trust has fully realized its co-investment in Datasite, marking it as the fourth largest portfolio company, which accounted for 1.9% of the portfolio value as of January 31, 2025 [1][2] - The sale generated cash proceeds of $30 million (£22 million), reflecting a 3% premium over the valuation at Q1 FY26 [2] - ICGT's co-investment in Datasite was $18 million (£14 million), made in 2024, and has yielded an attractive return within a short holding period [2] Financial Performance - The cash proceeds from the sale of Datasite amounted to $30 million, which is a significant return on the initial co-investment of $18 million [2] - The co-investment represented 1.6% of the total portfolio value, indicating a strategic allocation within ICGT's investment framework [1][2] Future Exposure - Post-transaction, ICGT retains a small stake in Datasite through its commitment to ICG Strategic Equity V, which represented 0.3% of the portfolio value as of January 31, 2025 [3]