1H23 Results
1H23 RESULTS | 23 FEBRUARY 2023
Portfolio summary
Amounts attributable
to investors
Amounts attributable
to Omni Bridgeway
Current investments
Completed investments
OMNI
BRIDGEWAY
EPV
Success rate
Average
At 31-Dec-22
Committed
Capital Returns
Capital
Fees
#
duration
EPV
IEV
Average
# duration
conversion
$ weighted
EPV
rate
average
ROIC
IRR
Fund 1
100%
$12m
$61m
$8m
14
6.1 yrs
$1,338m
$201m
34
3.4 yrs
$2,013m
11%
72%
0.44x
13%
Funds 2&3
100%
$62m
$49m
$31m
$6m
25
3.8 yrs
$3,335m
Fund 4
79%
$138m
$35m
34
1.2 yrs
$9,006m
$500m
$1,351m
16
1.6 yrs
$453m
17%
43%
0.86x 104%
8
1.1 yrs
$822m
11%
98%
0.59x 93%
Fund 51
68%
$125m
$31m
50
1.6 yrs
$7,234m
$1,085m
9
1.3 yrs
$851m
5%
76%
0.22x
17%
Fund 6
100%
$125m
$7m
152
6.8 yrs
$3,888m
$583m
223
3.1 yrs
n/a
n/a
77%
3.1x
177%
Fund 7
4%
$5m
<$1m
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
2
Fund 8
3%
Funds total
$455m
$61m
$165m
$14m
277
Balance sheet
7
Portfolio total
$455m
$61m
$165m
$14m
284
0.1 yrs
4.8 yrs
11.5 yrs
5 yrs
$15m
$2m
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$24,816m
$292m
$25,108m
$3,722m
$44m
193
3.0 yrs $5,354m
20%
78%
1.62x
80%
$3,766m
•
•
Highlights
Financial results
Portfolio performance
Strategy
Fund 1 and Funds 2&3 - in harvest mode with NCIS continuing to have priority - these first generation structures will provide a substantial back-end return attribution in future periods.
Fund 4 and Fund 5 - the series one investment periods have been extended by 6 months while discussions are underway with investors to upsize the funds.
Fund 6 - in harvest mode; merits investment opportunities previously undertaken by Fund 6 are flowing to Fund 5; enforcement investment opportunities will flow to Fund 8 once closed.
Fund 7 - being restructured and rolled into Fund 8.
Fund 8 - €8.8m new investment commitments plus €18.4m agreed term sheets (~9% fund capacity at 31-Dec-22) will be warehoused on OBL balance sheet until Fund 8 is fully established.
•
·
1.
Fund 5 is not consolidated within OBL's Consolidated Financial Statements. Here it is presented at 100%.
AnnexureView entire presentation