Current HOLDINGS.




IC Fund III seeks to generate 12% annualized absolute returns by investing in small to mid-cap publicly traded businesses with resilient fundamentals, regardless of broader economic conditions. 


We apply a disciplined, criteria-driven approach to identify businesses with robust fundamentals at attractive valuations.

IC Fund III Overview

TARGET BUSINESS CHARACTERISTICS

Mission-Critical Offerings

Competitive Advantages

Balanced Client & Supplier Base

Effective Capital Deployment

Attractive Valuations

NEGATIVE SCREENING

Market Cap: < $1B and > $30B

Weal Profitability & Efficiency

Low Liquidity & High Leverage

High Default Risk

Excessive Media Exposure

IC Fund III Holdings 

First Solar

Leading global provider of comprehensive PV solar solutions.

Inception date: 2024-Q4

Iridium

Global satellite communications provider.

Inception date: 2024-Q4

Nextracker

Leading provider of solar tracking solutions for utility-scale power plants.

Inception date: 2024-Q4