Amundi has completed its acquisition of a 9.9% economic stake in ICG for €620 million, or about $711 million, giving it 4.9% of ICG’s voting rights and a seat on the board. Finalized on Sept. 17, 2026, the transaction follows the strategic partnership announced in November 2025. Under a 10-year agreement, Amundi will exclusively distribute ICG’s evergreen funds and selected products to wealth and private banking clients worldwide, excluding the United States, Australia and New Zealand. The first product, an evergreen fund focused on private equity secondaries, is expected to launch in the coming weeks. From the third quarter of 2026, Amundi plans to include ICG’s economic contribution in its reported assets under management, net flows and financial performance.