Latest results
Half-year results 2025
We are long-term stewards of shareholders’ capital. Our objective is to grow capital and income ahead of inflation over the long-term.
Net assets
£3.0bn
Of consecutive dividend growth
58yrs
Annualised NAVTR over 10 years
+9.8%
As at 30 September 2025.
Investments built to last
Managed across three pools of capital, we provide access to a well-balanced portfolio — across both public and private companies, diversified by sector and geography.
Public Companies
Investing in a high quality, concentrated global portfolio of companies where long-term ownership is rewarded.
£1,067.6m
Portfolio value
As at 30 September 2025
Private Capital
Direct investments in a select number of high-quality private businesses, predominantly in the UK mid-market, where we provide strategic capital and support.
£906.7m
Portfolio value
As at 30 September 2025
Funds
Investing in funds managed by leading private equity managers in North America and Asia, providing us with exposure to attractive underlying markets.
£884.2m
Portfolio value
As at 30 September 2025
Why should I invest?
We’re focused on growing capital and income to deliver long-term compounding real returns for shareholders.
How can I invest?
Investing in Caledonia is simple — our shares are listed on the London Stock Exchange and can be purchased through a broker, financial intermediary, or an online platform — just like any other listed company.
How will you spendyour time today?
Access a broad range of quantitative and qualitative data about Caledonia.
Building value over time
See how we invest and partner with companies and funds, across all three of our pools to deliver consistent real returns for shareholders.
Public Companies
Moody’s
Leading global provider of credit ratings, research and risk analysis serving institutional and corporate clients through Moody’s Investors Service and Moody’s Analytics.
Private Capital
Stonehage Fleming
The largest International Family Office in the EMEA region, helping families manage their wealth and protect their legacy for future generations.
Our culture& values
Our long-term ethos and culture focused on Time Well Invested is the foundation of who we are. It guides our actions, shapes the way we operate, and inspires us to build meaningful relationships with one another and our stakeholders.
Insightful
What stood out most was the generosity of the Caledonia staff – always willing to share their time and insights both within formal sessions and in informal conversations. It was, in every sense, a rewarding and genuinely enjoyable introduction to the industry.
Intern Alumna 2025
Supportive
It’s been a really strong relationship. I can’t think of a time when the team hasn’t made themselves available, no matter the circumstances. I’d describe them as high challenge, high support.
Jonathan Lawson CEO, Butcombe Group
Responsible
Support from the Caledonia Investments Charitable Foundation has been pivotal to the growth of our corporate partnership income enabling us to secure crucial sustainable funding for the future running costs of our regional projects in the UK’s spinal injury centres.
Dr Olivia Chapple, OBE EMH MRCGP Chair of Trustees, Horatio’s Garden
Considered
Prudent and disciplined management of our balance sheet is key to its continued strength. The company maintains a considered valuation approach to all investments.
Rob Memmott CFO, Caledonia
Long-term
I really appreciate being able to be more long-term and accountable for the investment decisions I make. I want to see the consequences of my actions and stand over them.
Current employee
Experienced leadership
Centred around a collection of values that shape our approach to every aspect of investing, our expert team have deep experience and knowledge of the companies and sectors in which we invest.