REGNO- 12108169

CLASS ASSESMENT- 2
COURSE CODE – FINM509
NAME OF THE FACULTY MEMBER – VISHAL GOYAL
COURSE TITLE – INVESTMENT BANKING
CLASS- MBA Q2144
SUBMISSION DATE – 23rd MARCH 2022
STUDENT NAME - MUSKAN CHAWLA
ROLL NO- RQ2144B52
REG. NO. - 12108169

REPORT
ON

1
 REGNO- 12108169

ABOUT THE
COMPANY
INTRODUCTION:
ICF Ventures Private Limited is a non-
government organisation that was
founded on July 28, 1997. It's an
unlisted private corporation that's
categorised as a company limited
by shares.
The company's authorised capital is Rs
10.0 lakhs, with a paid-up capital
of Rs 9.25 lakhs, or 92.48399 percent. The most recent annual general meeting
(AGM) of ICF Ventures Private Limited took place on September 28, 2010.
According to the Ministry of Corporate Affairs, the company's financials were last
updated on March 31, 2010. (MCA).
ICF Ventures Private Limited has been in the community, personal, and social
services business for the past 25 years, and its operations are temporarily
suspended. DEEPALI ANGADI and VIJAY KUMAR ANGADI are the current board
members and directors.

HISTORY-
The Inner-City Fund was established in 1969. [2] Clarence D. Lester, a Tuskegee
Airman, was the organization's first president, and he was accompanied by three
US Department of Defense experts. Inner City Fund's mission as a venture capital
firm was to support and assist minority-owned firms in obtaining government
contracts. The corporation changed its name to ICF Incorporated and reformed as
a consultancy firm. During the 1970s and 1980s, the firm shifted its concentration
from venture finance to energy consultancy for US federal agencies, which was the
company's major focus. Kaiser Engineering was acquired by ICF in 1988, and the
company went public in 1989. ICF Kaiser was the name given to the united
company. The corporation provided consulting, engineering, and construction
services under this name. When an investor company bought the consultancy
business for around $70 million in 1999, ICF and Kaiser split off.

2
 REGNO- 12108169

The firm was rebranded ICF International in 2006, and the company went public in
September of that year, trading on the NASDAQ under the symbol ICFI. Following
Hurricane Katrina, the firm was chastised for its handling of the Road Home
initiative. The company responded in a Washington Post piece that it had resolved
the issues mentioned in the comments, and that state and federal fraud-
prevention standards were in flux, making the grant administration process more
time-consuming.

Company’s Profile-
 TYPE- Public Corporation
 TRADED AS- Nasdaq: ICFI (Russell 2000 Component)
 INDUSTRY- Professional Services
 FOUNDED- 1969
 HEADQUARETERS- Fairfax, Virginia
 NUMBER OF LOCATIONS- 90+ Offices
 AREA SERVED- Worldwide
 KEY PEOPLE- John Wasson (President and CEO)
 SERVICES- Strategic planning, research, program management, business
process management, data
analytics, technology, cybersecurity, marketing strategy and engagement
marketing
 REVENUE- 1.48 billion
 NUMBER OF EMPLOYEES- 7000

NEWS RELATED TO ICF VENTURE-

1. ICF VENTURE INVEST $3 MILLION IN KIBO VENTURES
THIRD FUND-
 This news was published on 25 January 2022. The venture capital firm
raises €155 million in two of its funds in order to continue investing in
start-ups that could become Europe's next unicorns.
 The Institut Català de Finances (ICF) has pledged €3 million to Kibo
Ventures Fund III, which focuses on high-growth ICT start-ups.
 The fund manager stated today that the fund's final round has closed,
with commitments from returning investors, new institutional

3
 REGNO- 12108169

partners, and leading firms and figures from Kibo Ventures' existing
investment portfolio.
 The Kibo Ventures Opportunity Fund I closes at the same time as this fund.
These two funds have raised a total of €155 million, bringing their combined
assets under management to €300 million.
 "Closing these two funds is evidence of Kibo's maturity and also
acknowledgment from the broader investment ecosystem," says Javier
Torremocha, co-founder and managing partner of Kibo Ventures.
 Meanwhile, Aquilino Pea, another co-founder and managing partner, says,
they will continue to finance globally ambitious and disruptive ventures with
a firm commitment to technology and people.
 The ICF also has a positive outlook. "Kibo Ventures' has the third fund
invests in firms with strong technological promise and the possibility to
expand internationally, Venture Funding Fund Investment Director. "This
clearly aligns with some of the ICF's strategic aims in terms of capital."
 The ICF invests in venture capital as a strategic strategy to nurturing start-
ups and assisting current businesses in their growth and development. In
the seed, venture, and growth divisions, the institution has invested in over
55 capital vehicles.
 Kibo Ventures now has €300 million in assets under management, as well as
a 10-year track record that includes five unicorns, scalable initiatives, and
successful business transactions.
REFRENCE-ICF invests €3 million in Kibo Ventures’ third fund - ICF.cat
2. ICF PUMPS $15 MILLION INTO NAUTA CAPITAL’S NEW
FUND SPECIALISNG IN B2B SOFTWARE START-UPS-
 This news was published on 03 November 2021. A total of €190
million has been invested in the fund. The Nauta Tech Invest V, Nauta
Capital's fifth fund specialising on B2B software start-ups, has received
a €15 million investment from the ICF.
 This fund, which have been attracted a total of €190 million from
various venture capital funds, financial institutions, and family offices,
has now reached its ultimate close, according to the Barcelona-based
venture capital business.
 The Nauta closed the fund for the first time at a value of €120 million.
Since then, it has invested in eleven seed-stage and Series A start-ups
that provide B2B software platforms to help businesses overcome
technology issues.
4
 REGNO- 12108169

 Cledara (buying and management software), Nhost (open source

platform), AppFollow (app analysis and management platform), ifeel
(workplace wellbeing solutions), and insureQ are some of the
companies involved (insurance for SMES).
 Nauta Capital currently has over €550 million in assets under
management and is one of the largest venture capital firms investing
in early-stage technology companies in Europe.
REFRENCE-ICF pumps €15 million into Nauta Capital’s new fund specialising in B2B software
start-ups - ICF.cat
3. ICF CAPITAL SIGNS UP TO THE UNITED NATIONS
PRINCIPLES FOR RESPONSIBLE INVESTMENT-
 This news was published on 27 October 2021. This news was
published on Environmental, social, and good governance issues are
incorporated into the ICF Group's venture capital operator's analysis
and decision-making processes, as well as investee management.
 ICF Capital, the venture capital arm of the ICF Group, has signed on to
the United Nations Principles for Responsible Investment in order to
promote it by incorporating environmental, social, and governance
(ESG) issues into its analytical, decision-making, and investee
management processes.
 Apart from incorporating ESG standards into its decision-making, ICF
Capital pledges to follow the other five UN PRI principles: be an active
investor and incorporate ESG issues into shareholder policies and
practises; seek appropriate disclosure on ESG policies from the
businesses in which it invests; promote acceptance and
implementation of the UN PRI in the investment industry; collaborate
to enhance effectiveness in implementing the UN PRI.
 The United Nations Environment Programme Finance Project (UNEP
FI) and the United Nations Global Compact have partnered to form
the Principles for Responsible Investment, a worldwide initiative
founded by investors from throughout the world.
 The United Nations Environment Programme Finance Project (UNEP
FI) and the United Nations Global Compact have partnered to form
the Principles for Responsible Investment, a worldwide initiative
founded by investors from throughout the world.

5
 REGNO- 12108169

 ICF Capital's commitment to driving, altering, and improving the social

and environmental performance of the firms in which it invests is
exemplified by this move.
 ICF Capital's General Director of Venture Capital and Capital Markets,
says, "Joining this international initiative is in keeping with our
strategy and DNA grounded on ethical, transparent, and responsible
management."
 Signing up for the UN PRI demonstrates our desire to take an active
role in promoting responsible finance. The venture capital firm is
required to report on its responsible investment operations on an
annual basis as part of this commitment.
 It has also collaborates with outside advisors to develop and
strengthen ESG initiatives and policies. This membership
complements the ICF's status as a signatory partner of the United
Nations Global Compact, the world's largest corporate social
responsibility initiative that promotes the implementation of the
Global Compact's Ten Principles and contributes to the achievement
of the Sustainable Development Goals (SDGs).
REFRENCE-ICF Capital signs up to the United Nations Principles for Responsible Investment -
ICF.cat
4. THE ICF GROUP FINANCES NEARLY 3,800 COMPANIES TO
THE TUNE OF 1.33 BILLION IN 2020-
 This news was published on 17 March 2021. The Covid-19 problem
necessitated the use of 68.4 percent of the overall funding amount to
fulfil liquidity needs.
 The organisation invested €33.5 million in venture capital funds,
primarily in the healthcare and digital, technology, and innovation
areas.
 The ICF Group have contributed €1.33 billion in finance to 3,781
freelancers, enterprises, and organisations in 2020. In a year marked
by the crisis sparked by the Covid-19 outbreak, the ICF reaffirmed its
vital role as a public bank by diversifying and expanding its financing
sources, as well as introducing new loan facilities to help businesses.
 The Institut Català de Finances (ICF) secured €1.05 billion of the
finance, while Avalis de Catalunya arranged €282.9 million. The ICF
Group's financing in 2020 aided in the preservation and/or creation of

6
 REGNO- 12108169

about 123,500 employment. 97 percent of the loans has been went to

self-employed people and small businesses, as in prior years.
 The 2020 balance sheet can only be grasped if you bear in mind the
background of the global economic crisis brought on by Covid-19,
which has shown the countercyclical role of public banking and its
ability to cater for the business community's direct liquidity needs
Vctor Guardiola, the CEO of the public financial institution.
 In 2020, the ICF venture has set two strategic goals: satisfying
businesses' liquidity needs and protecting jobs.
 In order to achieve this, we quadrupled the number of enterprises
funded as well as the total volume of funding.
 After following a prudent risk classification policy in light of the
current economic climate and allocating €10.4 million to
extraordinary provisions to deal with the impact of Covid-19 on the
worst-affected sectors, the ICF ended the 2020 financial year with a
net income of €5.4 million. The profit, which will go entirely to
reserves, is the culmination of a 10-year streak of favourable
performance.
Refrence- The ICF Group finances nearly 3,800 companies to the tune of €1.33 billion in 2020 -
ICF.cat
5. THE ICF GROUP FINANCES 8% MORE COMPANIES DURING
THE FIRST HALF OF 2019-
 The news was published on 25 July 2019. ICF's finance solutions have
touched 812 businesses and entities, totalling €286 million, up 34%
over the first half of 2018.
 SMEs and freelancers, two significant elements of the Catalan
economy, account for 98 percent of the projects funded.
 The ICF Group continues to promote business financing, having
financed 812 firms and entities for a total of €286 million in the first
half of 2019, with €212.3 million formalised through the ICF and €73.5
million formalised through Avalis de Catalunya.
 In comparison to the same period in 2018, these numbers show an
increase in the number of enterprises (+8%) and total invested
volume (+34%). SMEs and freelancers account for 85 percent of the
funded initiatives, two of the most important elements of the Catalan
economy. The ICF Group's efforts have resulted in the creation or
maintenance of 27,663 employment.

7
 REGNO- 12108169

 The ICF has continued to focus its activity on financing the growth,
innovation, and internationalisation of SMEs; boosting start-ups and
social projects," in line with the United Nations' Sustainable
Development Goals set out in the 2030 Agenda and the Catalan
economy's strategic objectives.
 In this vein, the institution funds sustainable energy efficiency, green,
and circular economy initiatives through the ICF Ecoverda lending
facilities.
 Furthermore, it provides companies, councils, and developers with
two facilities for the purchase and building of social housing in
partnership with the Catalan Housing Agency.
 The ICF Eurocrèdit facility, which is co-funded with ERDF money, is
noteworthy in the sphere of innovation, internationalisation, and
SMEs' growth.
 From January to June 2019, 80 projects totaling €37 million were
supported through this facility, which will help to open new markets,
develop new products, and strengthen company activities, among
other things.
REFRENCE-The ICF Group finances 8% more companies during the first half of 2019 - ICF.cat