Portfolio News - SocialAlpha-Bastion acquires first 2 equity stakes

SocialAlpha-Bastion has completed the process of conversion of 2 of its loans to own minority equity stakes in a renewable energy provider and a smallholder agriculture company operating in East Africa.

The resulting equity exposure amounts to 7.8% of the invested portfolio, and is in compliance with the fund's strategy to build a total equity allocation of up to 20% of its invested assets over time, to provide its investors with additional upside on portfolio companies with strong growth prospects.