![\"ICG](\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-15-icg-hero.jpg\")
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HedgeCo.Net \u2014 Intermediate Capital Group said on September 9 that ICG Europe Fund IX held a final close at \u20ac12 billion, a 50% increase versus ICG Europe VIII and described by the firm as the largest dedicated structured-capital fund raised globally, according to ICG\u2019s own announcement and independently carried by Alternative Credit Investor and AltAssets. Existing limited partners re-upped about \u20ac5.9 billion (about 77% by commitment); roughly 90 new LPs added about \u20ac6.7 billion. At announcement the fund was about 22% deployed across six investments; ICG elected not to lift the hard cap despite oversubscription.<\/p>\n
Alternative Credit Investor\u2019s September 9 write-up reiterated the \u20ac12 billion hard-cap print and cited firm AUM of about $126 billion as context for the platform\u2019s scale. AltAssets separately emphasized the roughly 90 new LPs piling into the structured-capital strategy alongside the re-up majority.<\/p>\n
This is a record European structured-capital final close, not a first closing or a soft target. Mark the \u20ac12 billion hard cap, the +50% step versus Europe VIII, the ~\u20ac5.9 billion \/ ~77% re-up line, the ~90 new LPs \/ ~\u20ac6.7 billion new capital, the 22% deployed \/ six-investment status at announcement, and ICG\u2019s decision not to lift the hard cap as sourced. Do not invent named portfolio companies beyond the six-deal count, an IRR, or a hard-cap lift that did not occur. The allocator object is dedicated structured-capital dry powder at European record scale with heavy existing-LP continuity and a large new-LP cohort.<\/p>\n","protected":false},"excerpt":{"rendered":"
HedgeCo.Net \u2014 Intermediate Capital Group said on September 9 that ICG Europe Fund IX held a final close at \u20ac12 billion, a 50% increase versus ICG Europe VIII and described by the f\u2026 Continue reading