Text or WhatsApp(808) 600-9260

Home / Directory / United States / Texas / ICP Group

ICP Group

Multifamily office listing in Dallas, Texas, United States.

  • SEC-registered
Headquarters
Dallas, TX
Regulatory AUM
$216 million
Employees
6
SEC CRD
219518

ICP Group is an independent investment manager serving families and family offices through lower-middle-market private equity and value-add, opportunistic real estate investments.1

Overview

ICP Group serves globally oriented clients with diversified lower-middle-market investments, high returns, and a strong client experience. The firm says it has partnered with top-tier managers for more than 15 years.1

History

ICP Group has partnered with top-tier managers for more than 15 years, supporting its experience across private equity and real estate investing.1

Leadership

Christian Fuentes has served as Managing Partner since 2005. He leads ICP Group’s U.S. real estate portfolio and lower-middle-market private equity investments.2

Tomás Díaz Mathé is a Partner who leads private equity investing and joined ICP Group in 2019.2

Daryl Chambers is Controller and Chief Compliance Officer. He oversees financial operations, administration, fund administration, SEC compliance, tax, and investor relations.2

Services

### Private equity

ICP Group’s private equity strategy focuses on lower-middle-market U.S. companies, typically in control situations alongside specialized financial sponsors. The firm typically targets mature, founder-owned or family-owned businesses with EBITDA between $5 million and $50 million.3

### Real estate

ICP Group’s real estate strategy targets development, redevelopment, and repositioning opportunities involving institutional-quality assets and downside protection. Real estate investments generally range from $1 million to $10 million of equity and emphasize markets with strong demographics, job growth, household income, and long-term growth potential.4

The firm invests across multifamily, industrial, commercial, retail, hospitality, land, office, and other real estate categories.2

What the firm offers

  • Private and alternative investments

Client focus

ICP Group serves families and family offices seeking diversified exposure to lower-middle-market private equity and value-add, opportunistic real estate investments.1

Approach

The firm’s approach combines globally oriented investing, diversified lower-middle-market opportunities, a focus on high returns, and a strong client experience. Its private equity strategy centers on mature founder-owned and family-owned businesses, while its real estate strategy emphasizes institutional-quality assets, downside protection, and markets with durable demographic and economic characteristics.134

Multifamily portfolio

ICP Group’s multifamily portfolio includes GVA Landmark, Hillstone on Oberlin, River Tower, Alta Strand, One South Halsted, and Wolf Ranch.5

The firm reports multifamily experience ranging from the 156-unit Virginia Manor Apartments to the 622-unit District at the Quarter.5

Assets and minimums

ICP Group reports that its real estate investments generally range from $1 million to $10 million of equity.4

By the numbers

Regulatory AUM by year$0K$72M$145M$217M$290M202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 219518. As of .
Regulatory assets under management
YearRegulatory AUMDiscretionaryNon-discretionary
2020$129 million$129 million$0
2021$238 million$188 million$50 million
2022$249 million$199 million$50 million
2023$263 million$213 million$50 million
2025$232 million$182 million$50 million
2026$216 million$166 million$50 million
Average AUM per client by year$0K$18M$36M$53M$71M202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 219518. Regulatory AUM divided by the client count reported in Item 5D. Client types reported as fewer than 5 are not counted, so this is approximate. As of .
Average AUM per client
YearAverage AUM per client
2020$65 million
2021$30 million
2022$31 million
2023$33 million
2025$29 million
2026$27 million
Clients by type (2026)Pooled investment vehicles7Other1
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 219518. "<5" means the firm reported fewer than 5 clients of that type. As of .
Clients by type
Client typeClients (2026)
Pooled investment vehicles7
Other1
Employees by year03710132016202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 219518. As of .
Employees reported on Form ADV
YearEmployees
201612
202011
20219
20227
20236
20255
20266

Ranks #16 of 17 SEC-registered firms in TX on MultifamilyOffices.com by regulatory AUM.

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 219518. Ranking uses only firms profiled on MultifamilyOffices.com. As of .

Registration

ICP Group Investment Manager, LLC is SEC-registered under CRD 219518 and SEC file number 801-119290. Registration was approved on August 17, 2020.6

FAQs

Who does ICP Group serve?

ICP Group serves families and family offices through lower-middle-market private equity and value-add, opportunistic real estate investments.1

What types of private equity companies does ICP Group target?

The firm typically targets mature, founder-owned or family-owned U.S. businesses with EBITDA between $5 million and $50 million, generally in control situations alongside specialized financial sponsors.3

What real estate sectors does ICP Group invest in?

ICP Group invests across multifamily, industrial, commercial, retail, hospitality, land, office, and other real estate categories.2

  • LocationMultifamily offices in Dallas

    This Dallas directory helps a family or business owner compare local multifamily office options, service models, and areas of focus. Reviewing nearby firms can clarify how an independent manager serving families and family offices might fit alongside private equity and value-add or opportunistic real estate allocations.

  • Network siteCorporateVentureCapital.com

    CorporateVentureCapital.com offers a directory of corporate venture capital firms, giving readers a way to distinguish strategic corporate investing from an independent manager's private equity and real estate work. It can broaden research into alternative investments and help clarify which provider type matches a family's goals.

  • Network siteFamilyOffices.com

    FamilyOffices.com provides resources and a community for single family offices and wealthy families. A prospective client can use it to learn how peers organize investment oversight, then consider where private equity and value-add or opportunistic real estate investments may sit within a broader family portfolio.

  • DataMFO fee types from Form ADV

    The MFO fee types page explains common fee categories reported through Form ADV. Reading it helps a family or business owner prepare questions about advisory costs, billing structures, and potential conflicts when reviewing managers that offer private and alternative investments.

  • Similar firmsAutumn Lane Advisors, LLC
    Badii Group Private Wealth Management
    Calderwood Financial

    Profiles of Autumn Lane Advisors, LLC, Badii Group Private Wealth Management, and Calderwood Financial give readers additional firms to research on this site. Comparing their stated services, client focus, and investment approaches can help a family or business owner frame questions for an independent manager offering private equity and alternative real estate strategies.

Sources

  1. ICP Group, About Us
  2. ICP Group, Team
  3. ICP Group, Private Equity Investment Strategy
  4. ICP Group, Real Estate Investment Strategy
  5. ICP Group, Multifamily Real Estate Portfolio
  6. SEC AdviserInfo, ICP Group Investment Manager, LLC

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.

Ask Richard

Have a question about multifamily offices, fees or how to compare firms? Richard C. Wilson has run Family Office Club since 2007 and answers reader questions directly.

Send a question Text or WhatsApp (808) 600-9260