Core Insights - Amundi and ICG have formed a long-term strategic partnership aimed at enhancing access to private market strategies for wealth investors, leveraging each other's strengths in investment expertise and distribution capabilities [2][3][8] Company Overview - Amundi is a leading European asset manager with over €2.3 trillion in assets under management, serving 200 million clients globally [16][18] - ICG is a global alternative asset manager with approximately $125 billion in assets under management, focusing on structured capital, private equity secondaries, private debt, credit, and real assets [4][18] Partnership Details - The partnership includes a 10-year agreement where Amundi will be the exclusive global distributor for ICG's evergreen and certain other products in the wealth channel [10] - Amundi plans to acquire a non-dilutive economic interest of up to 9.9% in ICG, reinforcing the strategic nature of the partnership [9][10] - Initial focus will be on developing two European evergreen funds: a private equity secondaries fund and a private debt fund, expected to launch in the first half of 2026 [7][10] Market Opportunities - The collaboration aims to provide over 200 million individual investors access to ICG's high-performing private market strategies, specifically tailored for wealth management and retirement planning [5][8] - Amundi's expertise in structuring investment vehicles will enhance the offerings available to wealth clients, including evergreen funds and blended strategies [6][12] Strategic Goals - The partnership is designed to create significant value for both companies and strengthen their positions in the growing private markets segment [8][12] - Both CEOs emphasized the importance of delivering superior investment performance and the potential for profitable growth through this collaboration [12]

Core Insights - Amundi and ICG have formed a long-term strategic partnership aimed at enhancing access to private market strategies for wealth investors, leveraging each other's strengths in distribution and investment expertise [2][8][10] Company Overview - Amundi is a leading European asset manager with over €2.3 trillion in assets under management, serving 200 million clients globally [14][20] - ICG is a global alternative asset manager with approximately $125 billion in assets under management, focusing on structured capital, private equity secondaries, private debt, credit, and real assets [4][16] Partnership Details - The partnership will allow Amundi to utilize ICG's investment expertise to accelerate the distribution of private assets, while ICG will benefit from Amundi's extensive distribution network [2][3] - Amundi plans to acquire a non-dilutive economic interest of up to 9.9% in ICG, reinforcing the strategic nature of the partnership [9][10] - The initial focus will be on developing two European evergreen funds: a private equity secondaries fund and a private debt fund, with plans for a broader range of investment strategies [7][10] Market Impact - The collaboration is expected to provide over 200 million individual investors access to ICG's high-performing private market strategies, specifically tailored for wealth management and retirement planning [5][8] - Amundi's expertise in structuring investment vehicles will enhance the offerings available to wealth clients, including evergreen funds and blended strategies [6][12] Strategic Goals - The partnership aligns with Amundi's strategic priorities to strengthen its leadership in private assets, meeting the growing demand for diversification and long-term savings among wealth investors [12] - ICG aims to enhance its access to the wealth channel, complementing its existing institutional offerings and expanding its market reach [12]