Portfolio Overview

RANK BY SIZE	COMPANY NAME	LOCATION	SECTOR	INVESTMENT DATE	FMV (USDmm)¹
1	Leon Restaurants	UK	Consumer	Aug-17	72
2	FoodFirst Global Restaurants	North America	Consumer	May-18	36
3	The Craftory	UK	Consumer	May-18	12
4	Rimini Street	North America	Technology	Oct-17	11
DIRECT INVESTMENTS (% OF TOTAL NAV)					131 71%
5	LEGACY PORTFOLIO		Emerging Markets		17
6	CASH & OTHER CURRENT ASSETS				38
TOTAL ASSETS					185

(1) Figures reflect Spice PE’s FMV as at 31-Dec-2019