Princess Private Equity Holding (GB:PEY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into GB:PEY stock, check out TipRanks’ Stock Analysis page.
