Age estimates for this cluster have ranged from 20 up to as high as 100 million years. Comparison of the stellar lithium depletion with other clusters suggests it began to develop about 55 million years ago.[2] The upper main sequence turnoff age is 42±12 Myr.[5] 819 candidate cluster members have been identified.[6] Two chemically peculiar stars were found to be members in 1977.[7]
There is evidence that IC 4665 is undergoing a collision with the older cluster Collinder 350, located about 4° away. Currently they are separated by a distance of 118.2 ly (36.25 pc), after having formed at least 1,600 ly (500 pc) apart. It is unclear whether the two clusters will merge as a result of the collision.[8]
^Levato, H.; Malaroda, S. (February 1977). "Spectroscopic study of two peculiar stars in IC 4665 : HD 161480 and HD 161733". Publications of the Astronomical Society of the Pacific. 89: 84–94. Bibcode:1977PASP...89...84L. doi:10.1086/130078.