LDC-backed IGG acquires investment consultancy IC Select

IGG is a UK-based provider of professional pensions trusteeship and governance services providers.

  • IC Select Managing Director Peter Doward will continue to lead the comany, with founder Roger Brown also remaining with the business under IGG’s ownership
  • IC Select specialises in helping pension funds select, monitor and review investment consultants and fiduciary manager
  • Founded in 1981, LDC is based in London

Independent Governance Group, which is backed by LDC, has acquired IC Select, an Edinburgh-based investment consultancy. No financial terms were disclosed.

IGG is a UK-based provider of professional pensions trusteeship and governance services providers.

IC Select Managing Director Peter Doward will continue to lead the comany, with founder Roger Brown also remaining with the business under IGG’s ownership.

On the deal, Tracy Bownes, a partner at LDC, said in a statement, “Adding IC Select to the IGG portfolio will enable the business to expand and enhance its specialist services, building on its strong performance in 2023. This transaction brings together two complementary business offerings with strong track records as leaders in their fields and we look forward to continuing to support the IGG leadership team as the business goes from strength to strength.”

IC Select specialises in helping pension funds select, monitor and review investment consultants and fiduciary manager.

Founded in 1981, LDC is based in London.