Our strategy
Extend our international reach, directly and through investing in funds
International expansion supports asset growth, provides competitive advantage and delivers significant added value to our portfolio companies.
Progress
- The proportion of assets outside the UK has steadily increased to 59% at 31 March 2007.
- With the opening of new offices in Beijing and New York, 18 of 3i's 23 offices are now outside the UK.
- The value of the portfolio in Asia rose by 123% in the year to £373 million.
- 3i's investments in eight private equity funds around the world further extend our reach.
Key risk factors
- Effectiveness of knowledge management and sharing.
- Changes in local legal and regulatory frameworks.
- Maintenance of control environment.
Performance
| 2007 | 2007 | 2006 | 2006 | ||
|---|---|---|---|---|---|
| Continental Europe | £1,894m | 43% | £1,923m | 47% | |
| UK | £1,792m | 41% | £1,736m | 42% | |
| Asia | £373m | 9% | £167m | 4% | |
| US | £283m | 7% | £307m | 7% | |
| Rest of World | £20m | – | £6m | – | |
| Total portfolio value | £4,362m | 100% | £4,139m | 100% |