Gresham House Strategic (LON: GHS) Managing Director Graham Bird joins DirectorsTalk to discuss interim results. Graham talks us through the financial highlights, the investment management highlights, performance post period and describes the outlook for Gresham.
|Gresham House Strategic Holding||£m||Shareholding % of portfolio||Portfolio NAV %|
|Northbridge Industrial Services plc||6.4||11.00%||14.50%|
|Be Heard Group plc||2.8||10.60%||6.20%|
|Pressure Technologies plc||2.7||15.10%||6.10%|
|The Lakes Distillery|
|MJ Hudson Group|
|Brand Architeks Group plc||1.6||5.40%||3.60%|
|Escape Hunt (Dorcaster plc)||1.5||11.60%||3.40%|
|Universe Group plc||1.4||11.60%||3.20%|
|Cash and other working|
Gresham House Strategic invests in UK smaller public companies, applying private equity techniques and due diligence alongside a value investment philosophy to construct a focused portfolio expected to be comprised of 10-15 companies.
The Investment Manager, Gresham House Asset Management Ltd (Gresham House, GHAM, or Investment Manager), aims for a high level of engagement with investee company stakeholders, including management, shareholders, customers, suppliers and competitors, with the aim of identifying market pricing inefficiencies and supporting a clear equity value creation plan and targeting above market returns over the longer term.