In June 2021, we closed our second technology portfolio investment in less than a year. The offering comprises of investments in a portfolio of pre-IPO stage, high-growth companies that specialize in next-gen technologies.

The portfolio provides diversified exposure to tech verticals that are at the forefront of the global digital revolution, and includes minority stakes in renowned tech companies that command a leading position in their respective domains and are operating at scale across multiple geographies. We have invested in the portfolio alongside our strategic partners, which include leading and emerging tech-focused asset managers.

The portfolio companies have wide economic moats, and operate in some of the most disruptive tech sub-sectors benefiting from secular trends in digital adoption such as cloud computing, enterprise software, cybersecurity, fintech, mental health, e-commerce and mobile gaming.

The investment is expected to generate attractive returns for GFH and our investors.