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Sustainable Investment for Sustained Returns
At Icona Capital investment group we believe in strong entrepreneurial spirit. We leverage our broad network, rigorous research, and extensive industry experience to deliver long-term value and the best returns through carefully managed investment.
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
At Icona Capital investment group we believe in strong entrepreneurial spirit. We leverage our broad network, rigorous research, and extensive industry experience to deliver long-term value and the best returns through carefully managed investment.
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
Sustainable Investment for Sustained Returns
Sustainable Investment for Sustained Returns
At Icona Capital investment group we believe in strong entrepreneurial spirit. We leverage our broad network, rigorous research, and extensive industry experience to deliver long-term value and the best returns through carefully managed investment.
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
Sustainable Investment for Sustained Returns
At Icona Capital investment group we believe in strong entrepreneurial spirit. We leverage our broad network, rigorous research, and extensive industry experience to deliver long-term value and the best returns through carefully managed investment.
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
Our firm
We have over 20 professionals across our offices in the UK, Luxembourg, and Switzerland, managing over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors.
We have over 20 professionals across our offices in the UK, Luxembourg, and Switzerland, managing over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors.
Our firm
About usOur firm
We have over 20 professionals across our offices in the UK, Luxembourg, and Switzerland, managing over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors.
Our firm
We have over 20 professionals across our offices in the UK, Luxembourg, and Switzerland, managing over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors.
Our firm
We have over 20 professionals across our offices in the UK, Luxembourg, and Switzerland, managing over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors.
Our firm
Learn more about what we do
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
Learn more about what we do
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
Learn more about what we do
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
At the core of our approach is a focus on sustainability, so that the best and most rewarding of strategies and opportunities can deliver positive impacts on communities and the planet.
Learn more about what we do


Learn more about what we do
Learn more about what we do
Learn more about what we do
Press releases
Stoneweg disposes of former Coca-Cola bottling plant in Madrid on behalf of Icona Capital
Read press releaseIcona Capital Buys 15.7% Stake in Real Estate Company, Globe Trade Centre S.A.
Read press releasePress releases
Stoneweg disposes of former Coca-Cola bottling plant in Madrid on behalf of Icona Capital
Read press releaseIcona Capital Buys 15.7% Stake in Real Estate Company, Globe Trade Centre S.A.
Read press releaseStoneweg disposes of former Coca-Cola bottling plant in Madrid on behalf of Icona Capital
Read press releaseIcona Capital Buys 15.7% Stake in Real Estate Company, Globe Trade Centre S.A.
Read press releasePress releases
Press releases
Stoneweg disposes of former Coca-Cola bottling plant in Madrid on behalf of Icona Capital
Read press releaseIcona Capital Buys 15.7% Stake in Real Estate Company, Globe Trade Centre S.A.
Read press releasePress releases
Stoneweg disposes of former Coca-Cola bottling plant in Madrid on behalf of Icona Capital
Read press releaseIcona Capital Buys 15.7% Stake in Real Estate Company, Globe Trade Centre S.A.
Read press releaseWe Are
Icona Capital
With over 20 professionals working across our offices in the UK, Luxembourg, and Switzerland, we manage over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors. As well as investment structuring, our portfolio advisory services help grow the potential of existing portfolios to achieve the greatest returns.
Our team is led by a Board with a proven track record of successful and lucrative investment. Through this personal insight, our research expertise and understanding of constantly developing market trends, we seek to identify and unlock the finest opportunities across Europe that can deliver unparalleled results for the long-term. We also possess the ability, agility, and dynamism to give investors the upper hand.
Icona Capital
With over 20 professionals working across our offices in the UK, Luxembourg, and Switzerland, we manage over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors. As well as investment structuring, our portfolio advisory services help grow the potential of existing portfolios to achieve the greatest returns.
Our team is led by a Board with a proven track record of successful and lucrative investment. Through this personal insight, our research expertise and understanding of constantly developing market trends, we seek to identify and unlock the finest opportunities across Europe that can deliver unparalleled results for the long-term. We also possess the ability, agility, and dynamism to give investors the upper hand.
We Are
With over 20 professionals working across our offices in the UK, Luxembourg, and Switzerland, we manage over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors. As well as investment structuring, our portfolio advisory services help grow the potential of existing portfolios to achieve the greatest returns.
Our team is led by a Board with a proven track record of successful and lucrative investment. Through this personal insight, our research expertise and understanding of constantly developing market trends, we seek to identify and unlock the finest opportunities across Europe that can deliver unparalleled results for the long-term. We also possess the ability, agility, and dynamism to give investors the upper hand.
We Are
Icona Capital
Our team is led by a Board with a proven track record of successful and lucrative investment. Through this personal insight, our research expertise and understanding of constantly developing market trends, we seek to identify and unlock the finest opportunities across Europe that can deliver unparalleled results for the long-term. We also possess the ability, agility, and dynamism to give investors the upper hand.
We Are
Icona Capital
With over 20 professionals working across our offices in the UK, Luxembourg, and Switzerland, we manage over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors. As well as investment structuring, our portfolio advisory services help grow the potential of existing portfolios to achieve the greatest returns.
We Are
Icona Capital
With over 20 professionals working across our offices in the UK, Luxembourg, and Switzerland, we manage over €2.5B in assets on behalf of institutional investors, investment funds, family offices and private investors. As well as investment structuring, our portfolio advisory services help grow the potential of existing portfolios to achieve the greatest returns.
Our team is led by a Board with a proven track record of successful and lucrative investment. Through this personal insight, our research expertise and understanding of constantly developing market trends, we seek to identify and unlock the finest opportunities across Europe that can deliver unparalleled results for the long-term. We also possess the ability, agility, and dynamism to give investors the upper hand.
Executive team






Executive team
Executive team



Executive team



Executive team



Executive team


Executive team

Our board
Icona’s distinguished board has experience spanning a multitude of industries, markets, and high-value projects.
Max-Hervé George is a French entrepreneur, investor, and property developer. With more than 10 years of experience, he is recognised for realising complex transactions including IPOs and debt buyouts. Mr George is the co-founder of the Ultima Capital Group and CEO of Ultima Capital, which was listed on the Swiss Stock Exchange in 2019.

Edward Spencer-Churchill started his career at Bain & Company. He has over 20 years’ experience investing in a wide range of companies and industries. Ed oversaw the £500 million business process outsourcing transactions for Pearl Group with Tata Consultancy Services in 2005 which transformed the business. Most recently, alongside Mark Wilson (ex-CEO of Aviva plc) he has overseen SCP’s investment into Abacai Group, a personal line insurance technology business.

François Reyl is the CEO of Reyl – Intesa Sanpaolo. He joined Reyl & Cie in 2002 and initiated and led the deep transformation and development of the bank. He became the CEO in 2008. Prior to this, Mr. Reyl worked in the M&A department and LBO Coverage Group (which he co-founded) of Credit Suisse First Boston in London. He began his career as an M&A attorney with Jones Day in New York and Paris.
Our board
Icona’s distinguished board has experience spanning a multitude of industries, markets, and high-value projects.
Icona’s distinguished board has experience spanning a multitude of industries, markets, and high-value projects.
Max-Hervé George is a French entrepreneur, investor, and property developer. With more than 10 years of experience, he is recognised for realising complex transactions including IPOs and debt buyouts. Mr George is the co-founder of the Ultima Capital Group and CEO of Ultima Capital, which was listed on the Swiss Stock Exchange in 2019.

Edward Spencer-Churchill started his career at Bain & Company. He has over 20 years’ experience investing in a wide range of companies and industries. Ed oversaw the £500 million business process outsourcing transactions for Pearl Group with Tata Consultancy Services in 2005 which transformed the business. Most recently, alongside Mark Wilson (ex-CEO of Aviva plc) he has overseen SCP’s investment into Abacai Group, a personal line insurance technology business.
François Reyl is the CEO of Reyl – Intesa Sanpaolo. He joined Reyl & Cie in 2002 and initiated and led the deep transformation and development of the bank. He became the CEO in 2008. Prior to this, Mr. Reyl worked in the M&A department and LBO Coverage Group (which he co-founded) of Credit Suisse First Boston in London. He began his career as an M&A attorney with Jones Day in New York and Paris.
Our board

Edward Spencer-Churchill started his career at Bain & Company. He has over 20 years’ experience investing in a wide range of companies and industries. Ed oversaw the £500 million business process outsourcing transactions for Pearl Group with Tata Consultancy Services in 2005 which transformed the business. Most recently, alongside Mark Wilson (ex-CEO of Aviva plc) he has overseen SCP’s investment into Abacai Group, a personal line insurance technology business.
Max-Hervé George is a French entrepreneur, investor, and property developer. With more than 10 years of experience, he is recognised for realising complex transactions including IPOs and debt buyouts. Mr George is the co-founder of the Ultima Capital Group and CEO of Ultima Capital, which was listed on the Swiss Stock Exchange in 2019.

Our expertise
Each of our investment strategies is grounded in thorough research, in-depth first-hand knowledge, and our ability to effect efficient implementation to maximise the greatest return potential.

Our expertise
Each of our investment strategies is grounded in thorough research, in-depth first-hand knowledge, and our ability to effect efficient implementation to maximise the greatest return potential.

Each of our investment strategies is grounded in thorough research, in-depth first-hand knowledge, and our ability to effect efficient implementation to maximise the greatest return potential.

Our expertise
Learn more
Our expertise
Each of our investment strategies is grounded in thorough research, in-depth first-hand knowledge, and our ability to effect efficient implementation to maximise the greatest return potential.
Our expertise
Each of our investment strategies is grounded in thorough research, in-depth first-hand knowledge, and our ability to effect efficient implementation to maximise the greatest return potential.



Responsible Investing
Icona Capital understands that every major investment has the potential to have significant societal impact. We work hard to ensure that our investment strategy and advice has social, environmental ethical and philanthropic responsibility at its heart in order to effect positive change. We believe this philosophy has the power to achieve great returns – as investments, and for the people whose lives our investments touch.

Responsible Investing
Icona Capital understands that every major investment has the potential to have significant societal impact. We work hard to ensure that our investment strategy and advice has social, environmental ethical and philanthropic responsibility at its heart in order to effect positive change. We believe this philosophy has the power to achieve great returns – as investments, and for the people whose lives our investments touch.
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Responsible Investing
Icona Capital understands that every major investment has the potential to have significant societal impact. We work hard to ensure that our investment strategy and advice has social, environmental ethical and philanthropic responsibility at its heart in order to effect positive change. We believe this philosophy has the power to achieve great returns – as investments, and for the people whose lives our investments touch.
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- Consectetur adipiscing elit
- Nunc hendrerit orci ante, sed vestibulum sapien ultrices non. Proin dapibus lobortis molestie.
- Praesent molestie, diam non tristique eleifend
- Justo justo fermentum tortor, ac luctus leo sapien eu mauris

Responsible Investing
Icona Capital understands that every major investment has the potential to have significant societal impact. We work hard to ensure that our investment strategy and advice has social, environmental ethical and philanthropic responsibility at its heart in order to effect positive change. We believe this philosophy has the power to achieve great returns – as investments, and for the people whose lives our investments touch.

Icona Capital understands that every major investment has the potential to have significant societal impact. We work hard to ensure that our investment strategy and advice has social, environmental ethical and philanthropic responsibility at its heart in order to effect positive change. We believe this philosophy has the power to achieve great returns – as investments, and for the people whose lives our investments touch.

Responsible Investing
Learn more
Responsible Investing
Icona Capital understands that every major investment has the potential to have significant societal impact. We work hard to ensure that our investment strategy and advice has social, environmental ethical and philanthropic responsibility at its heart in order to effect positive change. We believe this philosophy has the power to achieve great returns – as investments, and for the people whose lives our investments touch.

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Formula 1


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in numbers
in numbers
in numbers

Real Estate
Hospitality
Data Centre
Industrial / Logistics
Credit
Secondary
High Yield / Mezzanine
Distressed Opportunities
Special Situations
Distressed Assets
Claims Recovery
Financial Sector
Fintech
Insurtech
Liquid Strategy
Debt Capital Market
Commodities
Our locations
W1S 3LD
London
L-1882 Luxembourg
1208 Geneva
W1S 3LD
London
L-1882 Luxembourg
1208 Geneva
Our locations
Our locations
W1S 3LD
London
L-1882 Luxembourg
1208 Geneva
1208 Geneva
1208 Geneva
1208 Geneva