Icopal is ultimately controlled by the private equity company Investcorp. Investcorp is a leading provider and manager of alternative investment products, serving high net worth private and institutional clients. A number of key managers have invested alongside with Investcorp and Investcorp co-investors. The financial statements of Icopal are included in the consolidated financial statements of the ultimate Danish parent, RFG Equity a/s, CVR 30 61 64 64.