Keep Calm and Carry On

We just put out a newsletter on the year to date and very proud of the progress the team and our portfolio companies are making, especially given the environment. You can see it here (I think it is a good read, but I am biased!). One of the key takeaways is that there is lots of progress still to be made even with the pandemic as backdrop, and indeed for some businesses there are new opportunities as a result. I do not see the virus clearing up soon so we need to manage on the assumption this is normal and there is unlikely to be a V shaped recovery.