ICM
ICM is a private Bermuda-based investment manager founded in 1988, managing listed equity, private equity, and fixed income mandates under Chairman Duncan Saville, with disclosed majority ownership by Dollarama.
- Company typePrivate
- Founded1988
- HeadquartersHamilton, Bermuda
- Headcount51–100
- GTM typeB2B
- OfferingServices
What ICM does
ICM is a private investment manager headquartered in Hamilton, Bermuda, founded in 1988 and operating with a headcount of 51-100 employees. Per its firmographic profile, the firm specializes in listed equity, private equity, and fixed income bond mandates, operating as a traditional multi-strategy asset manager serving institutional and high-net-worth capital allocators. The firm is led by Chairman Duncan Saville, who serves as director and chairman.
The company's underlying technology, product architecture, and distribution channels are not disclosed in the available source material; the firm's public website (icm.limited) presents only a verification loading page with no extractable content. No pricing, fee schedule, AUM, customer logos, or product-level detail is available, and the firm's operating geographies are not formally enumerated beyond its Bermuda domicile.
A separate data thread links ICM to Dollarama's Latin America operations, where Dollarama reported a 57% jump in equity income in Q3 2025 from majority-owned Dollarcity and ICM. This indicates ICM is at least partly owned by Dollarama as a strategic operating parent, though the precise corporate relationship, ICM's standalone financial contribution, and the degree of integration versus independence between the Bermuda-domiciled investment manager identity and the LatAm operating exposure cannot be determined from the limited source set.
ICM firmographics
Firmographics- Name
- ICM
- Website
- https://icm.limited
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ICM is a private Bermuda-based investment manager founded in 1988, managing listed equity, private equity, and fixed income mandates under Chairman Duncan Saville, with disclosed majority ownership by Dollarama.
- Ownership category
- akta.pro rank
ICM industry classification
Industry- Product category
- Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- International/Ex-U.S. Developed Equity (Active) (FSAAAIAE)
Keywords
Where ICM is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Markets served
ICM business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
ICM product offering
Product offeringCore offering
ICM is an investment manager that deploys capital across listed equity, private equity, and fixed income bonds. It serves corporate and institutional capital pools, including acting as a majority-owned Latin America vehicle contributing equity income to Dollarama.
Differentiator
Problem solved
Functional benefit
Products and services
- Multi-Asset Investment Management Integrated investment management service covering listed equity, private equity, and fixed income bond strategies, delivered to corporate and institutional investors including Dollarama's Latin America operations.
Companies that use ICM
Customer profileIdeal customer profiles1 record
ICM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ICM partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights2 records
ICM competitors and assessment
Company assessmentDirect peers
- Ninety One: Multi-strategy active asset manager offering listed equity, credit and alternative capabilities to global clients. Comparable to ICM as a mid-sized, multi-asset active investment manager with institutional and emerging-markets exposure.
- GAM Investments: Boutique active asset manager with capabilities across equities, fixed income and alternatives. Comparable to ICM in multi-strategy breadth, boutique scale, and reliance on third-party institutional distribution.
- Polar Capital: Boutique active investment manager with specialist equity and multi-strategy capabilities. Comparable to ICM as a smaller, owner-influenced active manager competing via specialist expertise.
- Jupiter Fund Management: UK-listed boutique asset manager offering equity, fixed income and alternative strategies to global clients. Comparable to ICM in active, multi-strategy, boutique positioning.
- Federated Hermes: Active asset manager offering equity, fixed income and ESG-integrated strategies to institutional clients. Comparable to ICM in active multi-strategy positioning and institutional client focus.
Broad incumbents
- Lazard Asset Management: Large, established global active asset manager with listed equity, fixed income and alternative capabilities. Comparable to ICM in product mix, but operates at materially greater scale and distribution reach.
- Man Group: Global, multi-strategy active and quantitative asset manager with listed and alternative offerings. Comparable to ICM's multi-strategy orientation, though Man Group is significantly larger and publicly listed.
- Brookfield Asset Management: Large alternative asset manager with deep private equity, credit and real asset capabilities. Comparable to ICM's private equity and fixed income sleeves, but with vastly greater scale and product breadth.
- Franklin Templeton: Global asset manager with active equity, fixed income and multi-asset solutions. Comparable to ICM in spanning listed equity, credit and alternatives, though operating at incumbent scale and global distribution.
Regional players
- Butterfield Group: Bermuda-headquartered financial services group with banking, trust and asset management lines. Comparable to ICM as a Bermuda-based investment and asset management peer operating from the same domicile ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
ICM social profiles
Digital presenceICM financial estimates
Financial estimateRevenue estimate
Valuation estimate
ICM leadership team
Management profileNumber of profiles
Profiles1 record
ICM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ICM M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ICM
What does ICM do?
ICM is an investment manager that deploys capital across listed equity, private equity, and fixed income bonds. It serves corporate and institutional capital pools, including acting as a majority-owned Latin America vehicle contributing equity income to Dollarama.
Is ICM a public or private company?
ICM is a private company. It is classified as corporate owned and is currently operating.
When was ICM founded?
ICM was founded in 1988. It employs 51 to 100 people.
Where is ICM based?
ICM is headquartered in Hamilton, Bermuda.
Who are ICM's main competitors?
Direct peers on record are Ninety One, GAM Investments, Polar Capital, Jupiter Fund Management and Federated Hermes. Broad incumbents are Lazard Asset Management, Man Group, Brookfield Asset Management and Franklin Templeton. Butterfield Group is listed as a regional player.
Does ICM have an API?
No public API is recorded for ICM.
What industry is ICM in?
ICM's product category is Investment Management. Its primary akta.pro industry code is FSAAAIAE, International/Ex-U.S. Developed Equity (Active). Its NAICS code is 523940 and its SIC code is 6282.