19 Events after the end of the reporting period
In July 2023 the material outstanding conditions on a new debt fund were satisfied resulting in a US$ 750 million commitment from the anchor investors to the new fund. The new fund will be able to invest in FMO loans across all of FMO’s current focus sectors. A feature of this transaction is the blended finance component where a first loss tranche enables a substantial commitment by other institutional investors who would otherwise not be able to invest.
Other than the above, there have been no other significant subsequent events between the balance sheet date and the date of approval of these accounts which would impact the interim accounts as per June 30, 2023.