New investments: Through the second quarter, the fund has invested in 13 companies. No new transactions were closed this quarter, and the fund remains approximately 24% invested. After the reporting date, 4 new transactions are expected to close.
Valuation development: The fund’s current value is 1.1x gross MOIC, unchanged from the previous quarter.
Capital calls: The most recent capital call was sent in December 2024, bringing investor contributions to approximately 16% of total commitments. The next capital call is expected in H2 2025 for roughly 15–20% of commitments.
