Portfolio performance

Top 30 companies' revenue

6.8%

Last 12 months (LTM) growth1

Investment portfolio return

3.8%

LTM on a local currency basis2

Portfolio value

£1,402m

At 30 Jul 2024

Top 30 companies' EBITDA3

10.4%

LTM growth1

Investment portfolio return

2.6%

Sterling4

Continuing our track record of growth

At 31 July 2024, our Portfolio was valued at £1,402m. Over the last five years, our Portfolio has generated an annualised Portfolio Return on a Local Currency Basis of 15.9% and 5.9% on an LTM basis.

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

Realisation activity

Realisation activity during the six months to 31 July 2024 generated Total Realisation Proceeds of £86m.

There were nine Full Exits. These were completed at a weighted average Uplift to Carrying Value of 25.8% and weighted average Multiple to Cost of 3.1x.

£86m

Realisation proceeds

25.8%

Realisation uplift

3.1x

Multiple of costs of realisations

Investment activity

Total New Investments of £104m in the six months to 31 July 2024, of which 16% (£17.0m) were alongside ICG.

55%

Invested via Primary funds

42%

Invested in Direct investments

3%

Invested in Secondary investments