Hotbed has achieved an IRR of 31% from an exit from nursing home group Mimosa Healthcare Holdings Ltd. Hotbed has sold its 25% stake in the company, which it acquired in 2005 following a £5.15m investment in two tranches, back to the company and its founders.
GP invests in the company via its Industry 4.0 fund, which was launched with a €300m target in 2018
GP intends to create a platform for new acquisitions across the professional education sector in Spain
Ian Connatty, head of funds at British Patient Capital, updates Denise Ko Genovese on the investments made by the LP in 2020
While 2019-2020 saw DBAG's NAV fall by 5.8%, the GP expects to increase PE investments in the coming years