Annual Report 2023

We are an international alternative asset fund management group with offices in Europe, North America and Asia. We support growth businesses with a European focus and seek to build stronger companies with greatly enhanced long-term potential.

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Creating value

Our year in numbers

Figures as of 31 December 2023

Management and other fees

£265.3m

(2022: £241.5m)

Underlying FRE

£95.0m

(2022: £74.3m)

PRE

£55.3m

(2022: £64.9m)

Underlying EBITDA

£148.8m

(2022: £139.2m)

Underlying profit before tax

£133.8m

(2022: £120.0m)

Reported profit before tax

£86.0m

(2022: £127.4m)

Sections

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How we approach ESG

We are growth investors, and we back businesses at critical stages in their lifecycle. This gives us the opportunity to drive positive change, not just in terms of performance but also in the environment and society in which we operate.

Download ESG section

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Governance review

"On behalf of the Board, I am pleased to present the Group’s governance report for 2023."

Archie Norman
Senior Independent Director

Download Governance section

Related pages

Business model

Find out more

Financial performance and KPIs

Find out more

Our strategy

Find out more

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