Over the last year, we have continued to actively deploy Mobeus 2 – investing c. £40m into three new investments. Whilst these assets have reasonable scale already they offer prospects for significant further growth. Importantly, like much of our portfolio, these businesses have a sizeable international presence and aspirations to expand even further abroad. Recently we sold The Boundary at an IRR of 37% – this represents the 6th realisation from Mobeus 1. With 8 assets still remaining, Mobeus 1 has now delivered almost all capital back to Investors with some star performers yet to be realised. As part of building our plans for the future and looking ahead to Mobeus 3 next year, we have strengthened the team with some new experienced hires. With significant portfolio M&A in process, further exits planned and our ambition to deploy the balance of Mobeus 2 over the next 12 months, it looks like we have a very busy and exciting year ahead of us.
Please click here to read Inside Out, our review of all the latest Mobeus deals.