Investment fund

And that's a wrap, guys.

So if you'd like to learn more about our investment solutions and financial offering, what we do at Shoreham Partners, or if you want to hear more about Paradise Australian Equity Fund, the one that Julia heads up as a portfolio manager there, we'd be happy to share some more information.

You can reach us via email at cftgroup at shorehampartners.com.au.

And as a reminder, this podcast is general information only and does not take into account your personal circumstances.

It has started moving and two things happened this year that a lot of coverage has not caught up with.

First, the Scale-Up Europe Fund.

On the 4th of August, 2026, the European Commission completed the final legal steps to establish it.

It targets a total size of approximately 5 billion, as would be billion euros, and it's anchored by 1 billion euros from the Commission.

On September 8, Mistral announced a €3 billion Series D at a post-money valuation above €21 billion on the company's own account, the largest equity round ever raised by a European technology company.

Samsung Electronics led it.

The scale-up Europe fund managed by EQG and the existing investor PSG Equity came in as co-leads.

Three qualifications and I want them on the record.

What are we calling them?

Collective Investment Schemes.

Yes.

CIS.

Special funds.

Yes.

Special funds, collective investment schemes.

Uh-huh.

Mm

... whether it's in equities, bonds, CIS units, or any other, uh, securities in Ethiopia.

So once that clarity is created, I'm sure we'll see a lot of, uh, incoming portfolio investments to Ethiopia.

No, clearly the reforms are paying the dividends, and as you say, it's, um...

That's kind of the formula we, we deploy when building up our, our fund.

fund.So what's an exemplar or two for the methodology? What are things that you like right now that kind of showcase where you're thinking?

Yeah, sure.

Yeah, I'll just pick one for you.

And then the last point is a little bit about what we focus on.

When we were out raising Fund IV back in 2022, it was a very different period.

And if you weren't talking about SaaS and tech and ARR multiples, it was really hard to catch the attention of a new institutional investor partner.

That was so in vogue at the time.

These are kinda like heartbeat of the American economy businesses.

We always say if you can't describe our business in one half of one sentence and the listener doesn't understand what it is, it's not the right business for Ridgemont.

And that was out of favor in '21, '22 when we were raising Fund IV.

When we raised last year for Fund V, it was very much in favor.