Hartford Schroders Private Opportunities Fund
Schedule of Investments (Consolidated)
June 30, 2024 (Unaudited)
June 30, 2024 (Unaudited)
Investments†—73.9% | Investment Type | Acquisition Date | Cost | Fair Value | |||||
Direct Investments—50.3% | |||||||||
Direct Equity—32.0% | |||||||||
Germany—3.7% | |||||||||
Information Technology—3.7% | |||||||||
Fremman 1 MM Co-investment 7 Rocket SCSp*(1)(2)(3)(4)(5) | Limited Partnership Interest | 02/13/2024 | $ 951,727 | $ 893,415 | |||||
Luxembourg—4.1% | |||||||||
Information Technology—4.1% | |||||||||
Stirling Square Capital Partners Eagle Co-Investment SCSp*(2)(3)(4)(5) | Limited Partnership Interest | 11/13/2023 | 1,012,232 | 1,004,480 | |||||
United States—24.2% | |||||||||
Consumer Discretionary—4.7% | |||||||||
BPCP NSA Holdings, Inc. Class A Preferred Stock, 8.00%*(1)(2)(4)(5)(6) | Preferred Stock | 05/15/2024 | 858,275 | 858,275 | |||||
BPCP NSA Holdings, Inc. Common Stock*(1)(2)(4)(5) | Common Stock | 05/15/2024 | 286,091 | 286,091 | |||||
Health Care—7.2% | |||||||||
Resurgens II Co-Invest C, L.P.*(2)(3)(4)(5) | Limited Partnership Interest | 11/15/2023 | 656,895 | 652,974 | |||||
NanoVista*(1)(2)(3)(4)(5) | Limited Partnership Interest | 04/23/2024 | 1,145,300 | 1,111,253 | |||||
Information Technology—5.3% | |||||||||
Chronos Capital Fund, L.P.*(1)(2)(3)(4)(5) | Limited Partnership Interest | 04/29/2024 | 1,125,606 | 1,301,189 | |||||
Utilities—7.0% | |||||||||
Greenbelt Capital Partners Saber L.P.*(1)(2)(4)(5) | Limited Partnership Interest | 10/25/2023 | 1,250,000 | 1,701,074 | |||||
7,286,126 | 7,808,751 | ||||||||
Secondary Direct Equity—18.3% | |||||||||
Luxembourg—4.1% | |||||||||
Health Care—4.1% | |||||||||
Ourvita Build-Up SCSp*(1)(2)(3)(4)(5) | Limited Partnership Interest | 11/16/2023 | 723,297 | 1,002,150 | |||||
United States—14.2% | |||||||||
Industrials—9.0% | |||||||||
VSC EV3 (Parallel) LP*(1)(2)(3)(4)(5) | Limited Partnership Interest | 12/19/2023 | 734,376 | 923,431 | |||||
TRP Continuation Fund (Genox), LP*(1)(2)(3)(4)(5) | Limited Partnership Interest | 02/22/2024 | 1,095,745 | 1,263,026 | |||||
Health Care—5.2% | |||||||||
KL Champion Blocker PI LLC*(1)(2)(4)(5) | Limited Partnership Interest | 05/01/2024 | 1,250,000 | 1,272,359 | |||||
3,803,418 | 4,460,966 |
Interest Rate | Shares | Cost | Fair Value | ||||||
Short-Term Investments—23.6% | |||||||||
Prime Liquidity Fund LLC(2) | 5.54%(7) | 3,750,000 | $ 3,750,000 | $ 3,750,000 | |||||
Federated Hermes Prime Private Liquidity Fund(2) | 5.39%(7) | 1,000,000 | 1,000,000 | 1,000,000 | |||||
Western Asset Institutional Cash Reserves, Ltd. Class 4 Shares(2) | 5.32%(7) | 1,000,000 | 1,000,000 | 1,000,000 | |||||
Total Short-Term Investments | 5,750,000 | 5,750,000 | |||||||
Total Investments (Cost $16,839,544) | $18,019,717 | ||||||||
Other Assets and Liabilities – 26.1% | 6,362,616 | ||||||||
Net Assets – 100.0% | $24,382,333 |
* | Non-income producing. |
(1) | Investment valued using significant unobservable inputs. |
(2) | All or a portion of this security is held through Hartford Funds SPV, LLC, a wholly-owned subsidiary of the Fund. |
(3) | Investment has been committed to but has not been fully funded by the Fund. |
(4) | Investment does not allow redemptions or withdrawals except at discretion of its general partner, manager or advisor. |
(5) | Restricted security. |
(6) | Perpetual maturity security. |
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Hartford Schroders Private Opportunities Fund
Schedule of Investments (Consolidated) – (continued)
June 30, 2024 (Unaudited)
June 30, 2024 (Unaudited)
(7) | Current yield as of period end. |
† Direct Investments are investments directly (or indirectly through special purpose vehicles) into privately held operating companies. The Fund’s Direct Investments will typically be in the form of co-investments, which involve the Fund acquiring an interest in a single operating company alongside an investment by a private equity firm. Secondary Investments entail acquiring an interest in one or more assets from private equity fund investors and/or direct equity participants through a negotiated transaction in which the private equity majority manager managing the asset remains the same.
Fair Value Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2024 in valuing the Fund’s investments.
Description | Total | Level 1 | Level 2 | Level 3 | ||||
Assets | ||||||||
Direct Investments | $ 10,612,263 | $ — | $ — | $ 10,612,263 | ||||
Short-Term Investments | 5,750,000 | 5,750,000 | — | — | ||||
Total | $ 16,362,263 | $ 5,750,000 | $ — | $ 10,612,263 |
In accordance with Accounting Standards Update (“ASU”) No. 2015-07, Fair Value Measurements (Topic 820): Disclosure for Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent), certain Investments fair valued using net asset value (or its equivalent) as a practical expedient are not included in the fair value hierarchy. As such, investments in securities with a fair value of $1,657,454 are excluded from the fair value summary as of June 30, 2024.
Direct Investments | Total | |||||||
Beginning balance | $ 5,512,883 | $ 5,512,883 | ||||||
Purchases | 4,685,572 | 4,685,572 | ||||||
Sales | — | — | ||||||
Total realized gain/(loss) | — | — | ||||||
Net change in unrealized appreciation/(depreciation) | 413,808 | 413,808 | ||||||
Transfers into Level 3 | — | — | ||||||
Transfers out of Level 3 | — | — | ||||||
Ending balance | $ 10,612,263 | $ 10,612,263 | ||||||
The change in net unrealized appreciation/(depreciation) relating to the Level 3 investments held at June 30, 2024 was $413,808. |
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Hartford Schroders Private Opportunities Fund
GLOSSARY: (abbreviations used in preceding Schedule of Investments) (Unaudited)
Other Abbreviations: | |
SCSp | Société en Commandite Cpéciale |
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