Gresham House Strategic is reducing portfolio exposure to IMImobile in a way that retains manager exposure to an interesting and growing digital media business while allowing GHS to diversify its portfolio responsibly. The phased transfer of 50% GHS’s shareholding in IMImobile to a new investment vehicle launched by GHAM, “SPE LP”, will release cash of £4.5m to GHS and provide funds for co-investment with SPE LP as appropriate opportunities arise. Under new management, ....