Portfolio

Top positions of the Portfolio

as per 27 February 2026 (in % of Total Assets)

IP Group PLC	Equity - Long Only	13.5%
Idorsia SPV - A2 notes	Credit Opportunities	11.2%
Idorsia SPV - B notes	Credit Opportunities	10.5%
HBM Healthcare Investments Ltd.	Equity - Long Only	6.3%
Idorsia Ltd.	Equity - Long Only	5.3%

Updated (in % of Total Assets)

RockawayX Blockchain Fund I ²⁾	30 September 2025	3.2%
RockawayX Blockchain Fund II	30 September 2025	1.8%
a16z IV via Honduras II s.r.o.	30 September 2025	1.6%
L1D Blockchain Venture Fund II	30 September 2025	0.9%
Liberty City Ventures Fund VIII	30 September 2025	0.6%
Animoca Brands via Liberty City Ventures 2021 14 LLC	30 September 2025	0.5%

¹⁾ Quarterly and lagging valuations (given the nature of Venture capital investing)
²⁾ Adjusted for quoted portfolio position