Portfolio performance

Top 30 companies' revenue

10.1%

Last 12 months (LTM) growth1

Investment portfolio return

4.8%

LTM on a local currency basis2

Portfolio value

£1,370m

At 30 Apr 2023

Top 30 companies' EBITDA3

12.8%

LTM growth1

Investment portfolio return

1.3%

Sterling4

Continuing our track record of growth

At 30 April 2024, our Portfolio was valued at £1,370m. Over the last five years, our Portfolio has generated an annualised Portfolio Return on a Local Currency Basis of 16.2% and 4.8% on an LTM basis.

3D rendered financial performance bar chart results shot on a reflective background

Realisation activity

Realisation activity during the three months to 30 April 2024 generated Total Realisation Proceeds of £29m.

There were two Full Exits. These were completed at a weighted average Uplift to Carrying Value of 29.2% and weighted average Multiple to Cost of 4.4x.

£29m

Realisation proceeds

29.2%

Realisation uplift

4.4x

Multiple of costs of realisations

Investment activity

Total New Investments of £32m in the three months to 30 April 2024, of which 10% (£4m) was alongside funds managed by ICG.

95%

Invested via Primary funds

5%

Invested in Direct investments

0%

Invested in Secondary investments