We have been a shareholder of podcasting giants Acast since 2015, having invested in the company on multiple occasions.
Recently, we had the opportunity to invest further in Acast through buying more shares in the private secondary market. We decided to use this chance to increase our exposure to Acast, especially in the light of continued outperformance.
We are strong believers in Acast, which operates with a unique team in a very attractive market. We are long term holders of the company.
Over the last couple of weeks, we have increased our stake by c4% of the company’s shares and now own c16% of Acast.
We look forward to continuing our journey with the Acast team!
/Your A&D Team