Total NAV closed the week at SGD 2.50B, a +0.74% move with no material flow changes. Tech overweight remains the largest single contributor; HKD lombard utilisation eased by 4.2%.
Portfolio snapshot
- Holdings: SGD 2.30B (92.0% of NAV)
- Cash (CURRENT accounts): SGD 252M (10.1%)
- Liabilities (lombard + margin): SGD 52M (-2.1%)
- Reporting currency: SGD · As-of: 10 May 2026
What moved
- US equity sleeve added +118 bps; NVDA and MSFT each contributed >35 bps.
- HKD financials flat to -22 bps on Tencent earnings overhang.
- EUR fixed income modestly positive after Bund rally; duration 4.8y unchanged.
Obligations & flow
- Clearlake VIII capital call (USD 2.4M) is wired and pending receipt confirmation.
- Thoma Bravo Discover V Q4 call remains OVERDUE — chasing fund admin via Whitford Capital Cayman.
- KKR Asian Fund IV Q2 call (USD 1.75M) arrived, sits in Pending parse.
What to watch next week
- UBS HKD Lombard rollover (30-day cycle) — coupon schedule needs principal sign-off.
- PE/HF NAVs from three GPs still stale (>60 days). Refresh expected by Friday.
- Singapore quarterly GST filing window opens Monday for Whitford Family Trust.