Investments

Portfolio Company

% share in total portfolio at
30-Jun-22

Value as of 30-Jun-22
GEL millions

Listed and Observable portfolio companies

22.5%

609

BOG

16.8%

456

Water Utility1 5.7% 153

Private portfolio

77.5%

2,097

Large portfolio companies

51.3%

1,389

Retail (pharmacy)

24.8%

671

Hospitals

17.7%

478

Insurance (P&C & Medical)

8.9%

240

Investment stage portfolio companies

16.4%

444

Renewable Energy

6.4%

172

Education

5.6%

152

Clinics and Diagnostics 4.4% 120

Other portfolio companies

9.7%

264

Total portfolio value

100.0%

2,705

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. The valuation of Water Utility in 2Q22 reflects the application of the put option valuation to GCAP’s 20% holding in the business.