ICG Enterprise Trust plc (formerly Graphite Enterprise Trust plc and before that F&C Enterprise Trust plc) is a large investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1]
History
The company was first listed on the London Stock Exchange in 1981[2] as an investment trust specialising in providing venture capital for unquoted companies mainly in Europe and the US.[3] After personal equity plans ('PEP's) were introduced by the Chancellor of the Exchequer, Nigel Lawson in 1987, the company was one of only three investment trusts, and the only one specialising in venture capital to feature in the PEP performance leagues. The company developed a strong reputation for investment performance and was the UK's best performing investment trust between 1992 and 1997.[4]