Pantheon Sept NAV down 0.4%
Pantheon International
324.50p
08:49 19/04/24
Private equity investment firm Pantheon International (PIP) said net asset value per share fell 0.4% in September month on month.
Equity Investment Instruments
11,411.39
10:14 19/04/24
FTSE 250
19,275.49
10:15 19/04/24
FTSE 350
4,303.53
10:15 19/04/24
FTSE All-Share
4,260.02
10:15 19/04/24
Valuation gains and higher investment income were offset by foreign exchange movements and expenses and taxes.
At 30 September 2018, PIP's private equity assets stood at £1.3bn while net available cash balances were £132m.
Its portfolio generated net cash of £5.2m during the month, with distributions of £16.5m relative to £11.3m of calls from existing commitments to private equity funds.
PIP said it completed three new primary investments during the month amounting to £13.7m in new commitments. This included a £10.4m primary commitment to HIG Advantage Fund I, a US mid-market buyout fund.