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About Us
Our Story
The ICMGF VCC - ICM HPQC Fund (ICM HPQC) invests in the next generation of computing including high-performance computing, quantum technology and new data-centre technologies. ​ICM HPQC is a sub-fund of ICMGF VCC, a Variable Capital Company (VCC) managed by ICM Global Funds Pte. Ltd (ICM Global Funds).
ICM Global Funds is a fund management company headquartered in Singapore, and a wholly-owned subsidiary of ICM Limited. It is committed to investing at the nexus of structural change and disciplined capital allocation, focusing on opportunities that drive innovation and deliver tangible value to our investors.
ICM Global Funds investment strategies are designed to support breakthrough solutions across various sectors, ensuring that our investments are both forward-looking and resilient. It is committed to identifying and accelerating transformative ideas while maintaining a strong focus on achieving risk-aware, sustainable returns for accredited and institutional investors.
In addition to its core investment strategies, ICM Global Funds offers bespoke mandates and family office solutions, tailored to meet the unique needs of sophisticated clients. Its approach combines innovative thinking with a disciplined investment process, ensuring that it provides its clients with the best opportunities to achieve their financial goals.
ICM Global Funds is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services license to conduct fund management activity. ICM Global Funds manages funds primarily through an umbrella variable capital company (VCC) structure which provides flexibility, tax efficiency and privacy to clients. Find out more information about ICM Global Funds here.
ICM HPQC Fund

ICM Global Funds is wholly owned by ICM Limited, an international fund manager and corporate finance adviser with expertise in listed equity, private equity, and fixed income. ICM manages US$1.3 billion directly, with a further US$41.6 billion held by investee and affiliated companies (as at 30 June, 2025). ICM specialises in the following investment sectors: utility & infrastructure, financial services, resources, mobility and technology.
For over three decades, the ICM team has been investing in public, private and capital markets. ICM focuses on fundamental value generation, relentlessly seeking out opportunities to provide investment opportunities where the market has mispriced the risk in a country, industry, or company.
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With over 80 professionals operating across ten global offices, ICM's team and culture are what truly distinguishes it. Find out more information about ICM Limited here.



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