Our firm was established nearly fifteen years ago, but our story truly begins in 1991 when ICM’s founder, Bruce Timm, assumed the management of a series of North American real estate investment funds on behalf of one of Germany’s oldest private banks. For over a decade, Bruce oversaw a team responsible for the asset management, property management and investment structure for those funds. Due to their positive client experience and strong, steady returns, the clients chose to have Bruce continue to manage their real estate holdings when he founded ICM in 2003.
In 2012, after nearly a decade of success, ICM launched its first fund offering to new investors. In the years since we have capitalized numerous follow-on funds with diverse strategies with the support of our ever-growing investor base. In 2016, ICM Asset Management Inc was formed and subsequently registered with Canadian provincial securities commissions as a portfolio manager and investment fund manager, paving the way for future growth.
Today, we have more than $650 million of assets under management and offices in Calgary, Atlanta, Minneapolis, Delray Beach, Munich and Mexico City. Our team has grown substantially and is made up of investment and operating professionals with extensive experience, collectively having acquired and/or managed over $7 billion of assets globally.
We are excited for the future and continue to launch initiatives aimed at growing our asset base and offering new clients the opportunity to invest alongside a leading alternative investment firm.