# ICG Investments Inc

> ICG Investments Inc is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 23, 2026.

- CRD: 162589
- Filed as: ICG INVESTMENTS INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/162589
- AdvisorCensus page: https://advisorcensus.com/firm/icg-investments-inc-new-york-ny-162589

## Quick answers

**How is ICG Investments Inc compensated?**
On its Form ADV (Item 5.E, October 2026), ICG Investments Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is ICG Investments Inc located?**
ICG Investments Inc's principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is ICG Investments Inc registered with the SEC or a state?**
ICG Investments Inc is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 162589.

**How much does ICG Investments Inc manage?**
ICG Investments Inc reports $49,687,036,125 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (100% discretionary).

**How have ICG Investments Inc's assets and staff changed since 2021?**
In the Form ADV data for ICG Investments Inc: Regulatory assets under management: $13,842,746,623 in the October 2021 data and $49,687,036,125 in the October 2026 data, up 259%. Total employees: 180 in October 2021 and 94 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does ICG Investments Inc serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (113); insurance companies (2).

**Which custodians does ICG Investments Inc use?**
ICG Investments Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Chase N.A. and U.S. Bank NA as custodians holding 10% or more of its separately managed account assets.

**Does ICG Investments Inc report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/162589

**What changed in ICG Investments Inc's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 51 to 54. Regulatory assets under management went from $37,743,231,034 to $49,687,036,125 (+32%). Added an office in Copenhagen. Added an office in Warsaw. No longer lists an office in Milano.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- JP Morgan Chase N.A.
- U.S. Bank NA

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $49,687,036,125
- Discretionary: $49,687,036,125
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 113 | $49,680,905,321 |
| Insurance companies | 2 | $6,130,804 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2014 (12 years)
- Employees: 94 total, 54 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Central
- Copenhagen
- London
- Warsaw

### Websites listed on Form ADV (Item 1.I)
- [icgam.com](https://icgam.com)
- [vimeo.com/icgplc](https://vimeo.com/icgplc)
- Instagram @icgplc
- LinkedIn @icg-plc
- X @icgplc
- YouTube @ICGplc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $13,842,746,623 | 180 | March 31, 2021 |
| October 2022 | $18,532,068,492 | 181 | September 16, 2022 |
| October 2023 | $23,554,384,692 | 173 | July 13, 2023 |
| October 2024 | $30,393,452,037 | 140 | July 23, 2024 |
| October 2025 | $37,743,231,034 | 143 | March 31, 2025 |
| October 2026 | $49,687,036,125 | 94 | July 23, 2026 |

Regulatory assets under management: $13,842,746,623 in the October 2021 data and $49,687,036,125 in the October 2026 data, up 259%.
Total employees: 180 in October 2021 and 94 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 51 to 54.
- Regulatory assets under management went from $37,743,231,034 to $49,687,036,125 (+32%).
- Added an office in Copenhagen.
- Added an office in Warsaw.
- No longer lists an office in Milano.

### December 2025
- Changed its legal name from Intermediate Capital Group, Inc to ICG Investments Inc.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. ICG Investments Inc (CRD 162589): Form ADV filing data as of October 2026.