Amundi to acquire a 9.9% stake in ICG.

Amundi, a French asset management company, agreed to acquire a 9.9% stake in ICG, an asset management and private equity firm. Financial terms were not disclosed. This partnership creates exciting new opportunities for both parties. It allows Amundi to benefit from ICG’s investment expertise and performance track record to accelerate its distribution of private assets, one of the most dynamic markets in asset management.