Investment research on quoted companies and funds

Hardman & Co

Hardman & Co is a multi-disciplinary financial consultancy and investment research firm, employing highly experienced analysts and professionals with a broad range of capital markets expertise. Our clients are public and private businesses as well as fund managers, ranging from start-ups to £1 billion+ market capitalisations. Hardman & Co offers corporate research & consultancy, serving the needs of both public and private companies. We produce gold-standard research with a global reach for trading and investment companies, as well as providing market commentary and analysis. In addition, we carry out a number of bespoke investment-related assignments, including due diligence on bond listings, assessments of private company valuations and other corporate advisory services. We engage with the market through traditional and digital media, offering illuminating video content on corporate management strategy, results communication, interviews and in-house sector discussion.

Research from Hardman & Co, Hardman & Co

Research from Hardman & Co

Equity Bottom-Up

ICG Enterprise Trust plc / Equity Bottom-Up

<ul><li>Key messages from ICGT’s 2026 shareholder seminar were i) robust 2025 portfolio performance with double-digit EBITDA growth and strong realisation activity, ii) proactive management, inter alia, of the origination network, co-investments, secondary sales, buybacks and dividends, iii) a strong balance sheet with low debt and significant available liquidity, and iv) well positioned for future growth with good diversification.</li><li>The presentation also covered the benefit of having ICG as the manager.</li><li>ICGT gives investors a unique portfolio of private companies, which have delivered superior long-term growth compared with public markets.</li></ul>

Key messages from ICGT’s 2026 shareholder seminar were i) robust 2025 portfolio performance with double-digit EBITDA growth and strong realisation activity, ii) proactive management, inter alia, of the origination network, co-investments, secondary sales, buybacks and dividends, iii) a strong balance sheet with low debt and significant available liquidity, and iv) well positioned for future growth with good diversification.The presentation also covered the benefit of having ICG as the manager.ICGT gives investors a unique portfolio of private companies, which have delivered superior long-term growth compared with public markets.

ICG Enterprise Trust plc: Shareholder seminar 2026: resilience and growth