Investments that we were involved in during 2023 totaled £524,848,720.
This figure marks a 51% fall in funds deployed when compared to last year, but reflects broader trends experienced across the UK, where investment activities have been tempered in response to the global economic downturn and rising interest rates.
Three months in 2023 showed an increase in amounts deployed compared with the same period last year: December experienced a substantial surge, with £26.7 million funds raised, an increase of 470%; February’s deployment stood at £57.4 million, an impressive rise of over 96% on last year, whilst August’s £75.3 million saw a noteworthy 19% increase on last year.
In contrast, the number of transactions involving the deployment of more than £20 million dropped to just four this year, a fall of 66% from last year’s transactions. This reflects the more cautious approach taken by investors during a year which has focused on fewer, more secure investments.