ICONIQ Capital

Founded in 2011, ICONIQ Capital is a global investment firm active in investment management, growth equity, real assets and impact.

Pillar
Private investments
Theme
Digital transition
Status
Current investment
Invested date
2015

RIT is invested in ICONIQ Growth funds, a portfolio of businesses at the forefront of innovation, harnessing ICONIQ’s unique ecosystem of founders and business leaders from many of the world’s most influential organisations. This amplifies the success of the portfolio companies from early growth stage to IPO and beyond.

ICONIQ’s 80-strong team targets investments in category-defining technology companies led by product-focused founders. ICONIQ believes these businesses have exceptional growth underpinned by strong unit economics, and a differentiated value proposition.

ICONIQ has been a consistent source of co-investment opportunities for RIT, including CSL (fully realised), Robinhood (publicly traded), Perfect Day, and Age of Learning.

34%
Net IRR to RIT1
6
ICONIQ funds RIT has invested on since our first in 2015

1Returns analysis as at 30 June 2024 on capital commitments made to ICONIQ funds since first RIT commitment in 2015, local currency basis
Source: Company information

Notable realisations