Secondary investment alongside our manager, ICG
- ~£32m total investment in FY22 (year to 31 January 2022)
- 90+ underlying funds
- 22% industrials
- 19% healthcare
- 15% technology, media and telecom (TMT)
- 14% consumer goods and services
- 14% business services
- 16% other
Comprehensive visibility of portfolio at both fund and underlying investment level.
Exposure to over 90 funds with minimal investment concentration: largest company is less than 4% of portfolio net asset value (NAV).
Mature portfolio (average company age ~9 years) driving substantial liquidity events in the near term.
Funds managed by leading, top quartile, GPs building on strong relationships.