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ICG Q1 Trading Statement For the three months ended 30 June 2021 Embargoed until 7:00 am on 29 July 2021 Highlights ● ● Strong start to the year across fundraising and investment activity Third - party AUM : $ 61.5bn at 30 June 2021 , an increase of 10 % ( $ 5.4bn ) during the period and 27 % ( $ 13.1bn ) in the twelve months from 30 June 2020 Fundraising : raised $ 8.2bn during the period , in line with our expectations that FY22 will be a peak year in our four - year fundraising cycle Europe VIII : latest vintage of this flagship strategy held a first close on 29 April 2021 and raised $ 3.1bn during the period ; the fund has a ten - year contractual life and charges fees on committed capital Deployment : activity continues to be high , with $ 4.5bn deployed on behalf of our direct investment funds New strategies : seeded investments for our North America Private Equity , Life Sciences and LP Secondaries strategies , and acquired Australian real estate debt manager Sustainability and people : continued progress against our priorities , including launching an ESG - linked fund level facility for Real Estate Partnership Capital VI and joining The Diversity Project Balance sheet : liquidity of £ 652.2m at 30 June 2021 Benoît Durteste CEO and CIO 66 We have started the year with positive momentum . As previously announced , we expect FY22 to be a peak year in our four - year fundraising cycle and are pleased with how strongly the year has begun , benefitting from fundraising being front - loaded as expected . In line with our long - term focus , we also continue to invest in the future sustainable growth of ICG . The level of investment activity across our business remains elevated and our local teams are sourcing attractive opportunities to invest and realise our clients ' capital . Our ability to invest globally across the capital structure allows us to thrive in these dynamic market conditions . The performance of our funds continues to be strong , reinforcing our track record and investment - led approach . With responsible investing being an integral part of our investment process , we have put in place an ESG linked fund - level financing facility for Real Estate Partnership Capital VI and have adopted an enhanced , thematic approach to our ESG engagement strategy within Europe VIII . These are important milestones in our ambitions around sustainability and people . Looking ahead , we are fully focused on delivering our ambitious growth strategy and developing further as a leading global alternative asset manager . 99