CyberArk is one of the cybersecurity industry investments in the BorderCapital portfolio. In addition to being well-positioned to reap the benefits of increased tensions and security concerns between US and China, CyberArk's product also answers to the increased concerns of secure data management. Also, there is very limited downside risk related to increased trade barriers. The Israel-founded company has a positive outlook, and operates in attractive and growing market, and despite its very high P/E ratio of around 80, we at BorderCapital still feel stock price has room to improve. In addition to its overall positive outlook, there has been rumours of CyberArk being potential acquision target, which could turn out to be another lucrative scenario for CyberArk shareholders.