TGI Fridays
American-styled restaurant chain

Portfolio

At 31 March 2018, Electra’s investment portfolio was valued at £331 million. The investment portfolio consists of Buyouts and Co-investments, Secondaries, listed securities and funds. 

Investment Portfolio

2018
£m
2017
£m
2016
£m
2015
£m
2014
£m
2013
£m
Buyouts and Co-investments 318 321 1,461 1,418 1,052 620
Secondaries 1 2 82 92 105 126
Debt - - 51 17 7 97
Fund investments 12 35 102 103 108 125
Investment Portfolio 331 358 1,696 1,630 1,272 968

Buyouts and Co-investments
Buyouts and Co-investments form the major part of Electra’s portfolio and consist of direct equity investments in 7 private companies with an aggregate value of £331 million. The 4 largest investments account for 96% of the Buyouts and Co-investments portfolio at 31 March 2017.

Secondaries
Secondary investments consist of limited partnership interests in third-party private equity funds purchased from investors exiting their positions prior to the end of the fund’s life. As a result of their relative maturity, secondary investments typically produce faster cash returns than Buyouts and Co-investments.

Debt
Debt investments consisted of loans to UK or international borrowers acquired in either the primary or the secondary market as either individual or portfolios of assets. The Debt portfolio comprised of both performing credits held through a structured finance vehicle such as a collateralised loan obligation (“CLO”), and stretched credits, which refers to debt in good businesses with bad balance sheets.

 

Related links:

Key investments

 

 

© Electra Private Equity PLC.   Legal Notice   Privacy Policy
Designed and built by Comprend
Electra Private Equity PLC
First Floor
50 Grosvenor Hill
London
W1K 3QT

T: +44 20 3874 8300
info@electrapeplc.com