Benn Mikula tells Proactive that Cordiant raised £800mln in a series of funding rounds, which has been deployed in companies that “enable the very functioning of the internet”.
These really are long-lived assets, he adds, that not only are absolutely critical to the functioning of the communications networks but generate very nice cash returns.
By investing in these “plumbers of the internet,” the trust returned a little over a 10% total return, he says.
