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PEY

0.31%
NEUTRAL

Partners Group Private Equity Ltd publishes April NAV

Why we think this is neutral

This RNS announcement provides an update on the company's net asset value (NAV) for the month of April. It does not contain any of the mandatory news types that would require a more detailed analysis, such as trading updates, financial results, or major corporate events. Therefore, the sentiment is assessed as neutral.

Key Points

  • NAV decreased by 1.9% to EUR 971.8 million in April
  • Weaker USD drove unfavorable currency movements (-2.1%), partially offset by portfolio revaluations (+0.4%)
  • PGPE Ltd received EUR 3.0 million in distributions and invested EUR 2.2 million in portfolio companies

Summary

The investment company reported a 1.9% decrease in its NAV for April, primarily due to unfavorable currency movements, although portfolio revaluations partially offset the impact.

Partners Group Private Equity Ltd (PGPE Ltd) reported that its NAV decreased by 1.9% to EUR 971.8 million in April, corresponding to EUR 14.05 per share. The reduction in NAV was primarily driven by unfavorable currency movements, particularly a weaker US dollar, although portfolio revaluations provided a modest offset. The company received EUR 3.0 million in distributions and invested EUR 2.2 million in portfolio companies during the month.

GENERAL UPDATE