March Newsletter
We are delighted to bring you some exciting updates from Pembroke VCT. In the year leading up to January 2024, we have committed £6 million to new companies and an additional £12 million to the current portfolio. Our assets under management are over £200 million, featuring a diverse portfolio of over 40 growth-stage companies. A quarter of our portfolio companies are individually valued at over £50 million, including five companies valued at over £100 million.
At Pembroke, our ‘milestone’ approach is focused on delivering long-term stable capital growth, accompanied by annual dividends and special dividends upon profitable exits. Our approach centers on investing in a diversified portfolio of companies operating within three key sectors: consumer, technology, and business services.
In this latest newsletter, we focus on our recent investment Transreport, a SaaS platform and app that provides a comprehensive solution for booking and managing travel assistance for older and disabled individuals.
The newsletter also includes a note from our CEO, Andrew Wolfson, and updates on several of our existing portfolio investments, including exciting developments from LYMA, Secret Food Tours, Smartify and more.