Amundi Acquires 9.9% Stake in Alternative Asset Manager ICG
Amundi has finalized the acquisition of a 9.9% economic stake in alternative asset manager ICG for approximately €620 million, following their strategic partnership agreement announced in November 2025. The deal includes a 10-year distribution arrangement where Amundi will exclusively distribute ICG's evergreen products and certain other offerings to wealth investors globally. Under the terms of the partnership, both companies aim to jointly develop new investment solutions tailored for wealth clients, with their first product focused on private equity secondaries set to launch soon. Amundi CEO Valérie Baudson emphasized that this collaboration enhances access to private market opportunities and supports long-term growth across all stakeholders. ICG's CEO Benoît Durteste highlighted the potential of combining ICG’s investment expertise with Amundi’s wealth management capabilities, expressing optimism about future collaborative ventures.
