Technology and healthcare have been key drivers of the recovery since the coronavirus sell-off ravaged markets in March, and Gresham House’s Citywire AAA-rated Ken Wotton has taken a bet in a sector that combines the two trends: digital mental health.
Wotton, who manages the £255m UK Micro Cap fund, purchased a 7.2% holding, worth £5.7m, in online mental wellbeing community for children and teenagers Kooth after the firm undertook an initial public offering (IPO) on 2 September.
Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.