Intertrust expands fund services relationship with iCON
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Intertrust expands fund services relationship with iCON 20 April 2020Guernsey Reporter: Becky Bellamy
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Intertrust’s fund services business has assisted iCON Infrastructure with the first and final closing of its new $1.9 billion fund, iCON Infrastructure Partners V.
iCON is an independent investment group focusing on privately held investments in infrastructure assets in Europe and North America.
iCON V was launched as a Guernsey domiciled, closed-ended registered scheme, with a corresponding management company, authorised as protection of investors licensee by the Guernsey Financial Services Commission.
The Intertrust team was led by Guernsey-based funds director Kees Jager, who commented: “We’re delighted to have been appointed as the preferred administration service provider for the iCON V structure, building on the strong and well-established relationship we already have with iCON.”
He added: “Our continued involvement with the iCON structures highlights our expertise in the infrastructure sector as well as our capability to provide a high-quality service that enables iCON to continue to implement its highly successful investment strategy.”
Rishi Pabari, head of investor relations at iCON, said: “We appointed the Intertrust team to provide a full administration service to our funds as they continue to be able to demonstrate a complete understanding of our infrastructure investment strategy.”
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