 Synova closed its 2016 third fund at £250 million which is performing strongly and recently closed its 2019 fourth fund at its £365m hard cap.2018 was a strong year for exits for Synova with the sale of software company Mandata to LDC generating a 8x return and the sale of medical imaging business 4ways to ECI for a 6x return and 75% IRR.This followed the sale of Kinapse to Hg Capital on 1 February 2016, generating a 16x return and a 126% IRR.