Helios Fairfax Partners Corporation (TSE:HFPC.U) has released an update.
Helios Fairfax Partners Corporation reported a notable increase in the fair value of Helios Managed investments by 15.5%, reaching $223 million, despite a net loss of $16.5 million in Q2 and $21.2 million for the first half of 2024. The company also invested $13 million in the Helios Sports & Entertainment Group and is focusing on exiting its Legacy Non-Core investments to strengthen its $65 million cash position for future capital appreciation opportunities.
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