Current HOLDINGS.
Selected by the Asset Management division with deep analysis and quantitative methods, our portfolio represents a diversified investment strategy, designed to seek a consistent return.
We prioritize major stock exchanges, targeting firms with strong financial health and sustainable growth.
IC Fund II Overview
21
Companies
12%
Target IRR
~20%
At-entry EBITDA Margin
~9x
At-entry EV/EBITDA
Primary Industries
Industrial Product Manufacturing
Industrial Services
Consumer Product Manufacturing
Distribution
Business Services
Other esoteric industries
Criteria
Adjusted EBITDA margin: >10%
Appropriate leverage profile
Strong liquidity position
Low customer concentration
Consistent historical revenue growth
Traded on a major exchange
IC Fund II Holdings
Winnebago Industries
Manufactures recreational vehicles used primarily in leisure and outdoor activities
Inception date: 2022-Q1
Deckers Outdoor
Designs and distributes footwear and apparel for casual and athletic activities
Inception date: 2022-Q2
Alamo Group
Manufactures agricultural and infrastructure maintenance equipment
Inception date: 2022-Q3
Academy Sports and Outdoors
Provides national and private brands for outdoors, sports, and casual activities
Inception date: 2023-Q1
Atkore
Manufactures electrical, safety, and infrastructure products used primarily for nonresidential construction
Inception date: 2023-Q1
Cable One
Provides data, video, and voice services to residential and enterprise users in non-metropolitan markets
Inception date: 2023-Q1
Korn Ferry
Provides organizational consulting services across 52 countries
Inception date: 2023-Q1
Universal Display Corporation
Manufactures OLED materials for commercial display panels and other lighting solutions
Inception date: 2023-Q1
Mueller Industries
Manufactures copper, brass, aluminum, and plastic products used primarily for building construction
Inception date: 2023-Q1
Agilent Technologies
Provides solutions that include instrument, software, and services for the entire laboratory workflow
Inception date: 2023-Q2
SEI Investments Company
Provides technology and investment solutions for investment processing, operations, and asset management
Inception date: 2023-Q2
Clean Harbors
Provides toxic waste management, cleaning, and maintenance services, as well as re-refined oil products
Inception date: 2023-Q2
Brady
Manufactures safety products, precision tools, catering to diverse industrial and commercial needs
Inception date: 2023-Q4
Cal-Maine Foods
Distributes fresh shell eggs, egg products, and nutritional supplements for consumers and food industry partners
Inception date: 2023-Q4
Insteel Industries
Manufactures steel wire reinforcing products for concrete construction applications
Inception date: 2023-Q4
Owens Corning
Provides building materials, insulation products, and composite materials for industrial applications
Inception date: 2023-Q4
ResMed
Provides devices, softwares, and services for respiratory care
Inception date: 2023-Q4
Paychex
Provides integrated human capital management solutions for payroll, benefits, human resources, and insurance services
Inception date: 2023-Q4
Allison Transmission
Manufactures vehicle propulsion solutions, fully automatic transmissions, and electrified propulsion systems
Inception date: 2024-Q1
Crocs
Manufactures innovative casual footwear for men, women, and children
Inception date: 2024-Q1
Gogo
Provides broadband connectivity services for the business aviation market with customizable suite of smart cabin systems
Inception date: 2024-Q1