Half Year 2025 Intermediate Capital Group PLC Earnings Call Transcript

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Nov 13, 2024

Nov 13, 2024 / 09:00AM GMT
Chris Hunt - Intermediate Capital Group PLC - Head of Corporate Developmetn and Shareholder Relations

(audio in progress) -- David Bicarregui, who will give an overview of our performance during the period, and we'll then take questions.

The slides along with the accompanying results announcement are available on our website. (Event Instructions)

And at this point, I will hand over to Benoit.

Benoît Durteste - Intermediate Capital Group PLC - Chief Executive Officer, Chief Investment Officer, Executive Director

Thank you, Chris. Good morning, everyone. Today, we are reporting results that bucked the trend of what remains a challenging environment for private markets. Near record fundraising. Total AUM has reached $106 billion increasing transaction activity, higher client numbers, now close to 750, and growth across almost key financial metrics with of note management fee income up 23% year-on-year. In the first half, we have reinforced leading positions in our flagship strategies of European direct lending and GP-led

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