Investments

Portfolio Company

% share in total portfolio at
31-Mar-22

Value as of 31-Mar-22
GEL millions

Listed and Observable portfolio companies

23.5%

613

BOG

18.2%

473

Water Utility1 5.3% 139

Private portfolio

76.5%

1,996

Large portfolio companies

54.1%

1,410

Retail (pharmacy)

25.2%

657

Hospitals

20.1%

524

Insurance (P&C & Medical)

8.8%

229

Investment stage portfolio companies

17.1%

447

Clinics and Diagnostics 5.7% 148

Renewable Energy

6.3%

164

Education

5.2%

135

Other portfolio companies

5.3%

138

Total portfolio value

100.0%

2,609

In December 2021, Georgia Capital announced a sale of an 80% stake in water utility business to FCC Aqualia for a cash consideration of US$ 180 million. In 1Q22, equity value of water utility represents 20% equity stake of the business valued at the recent transaction price.