Share Price

INVESTORS

Financial Resources

Balance Sheet $ in millions, except per share 30/04/2022 31/03/2022
Equity Investments $1,318.4 $1,381.4
Income Investments 116.1 120.2

Total Direct Investments $1,434.5 $1,501.7
Legacy Private Equity Funds 13.2 13.5

Total Private Equity Fair Value $1,447.7 $1,515.2
Cash 64.1 102.1
ZDPs (152.2) (159.0)
Other Assets / Liabilities (Net) (3.3) (43.7)

Net Asset Value $1,356.3 $1,414.5
Net Asset Value Per Share $29.00 $30.24
Capital Position 30/04/2022 31/03/2022
Investment Level 107% 107%
Cash + Available Credit Facility 364.1 402.1
Adjusted Unfunded Commitments 66.5 67.1

Adjusted Commitments Coverage Ratio 547% 599%
Sterling NAV & Trading Information (£) 30/04/2022 31/03/2022
NAV Per Share £23.10 £22.97
Closing Share Price £15.75 £16.55
Discount to NAV (31.8%) (27.9%)

As at 30 April 2022.