Princess Private Equity Holding (GB:PEY) has released an update.
Partners Group Private Equity Limited (PGPE Ltd) reported a slight 0.8% decrease in Net Asset Value (NAV) to EUR 14.17 per share, with total net assets amounting to EUR 979.55 million, primarily due to unfavorable currency exchange impacts. The company announced the sale of its sixth largest portfolio company, Techem, and also signed off its remaining shares in Aavas Financiers to CVC Capital Partners, expecting proceeds of EUR 1.8 million. PGPE Ltd is known for providing long-term capital growth and an attractive dividend yield, managed by the global investment firm Partners Group with USD 76 billion in private equity investments.
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