605% Total growth for the Fortunis UK Impact VC Fund
Leading UK Venture Capital Fund, managed under the Fortunis brand, has reported an uplift to 605% from 566% last month. This increase jumps the total portfolio valuation to £335mln.
This uplift in valuation comes from increased ownership of the portfolio, and milestones being reached ahead of schedule by the portfolio companies.
The VC Fund Manager, Justin MacRae, said; ‘This increase is certainly cause for celebration, but behind the scenes is the direct result of our team of investment managers that truly practice active portfolio management, enabling our investments to exceed their ambitions.’
The portfolio remains on track, and the Fund remains highly focused on realising the Grant Thornton validated potential of a post £1bln total valuation for exit.
