Private Equity Holding AG 121 0 Kommentare Net Asset Value as of July 31, 2023

Für Sie zusammengefasst

Net Asset Value as of July 31, 2023: EUR 152.59 (CHF 146.04)
PEH's performance in July slightly negative due to adverse FX movements and expenses
Positive portfolio adjustments for ALPHA CEE Opportunity IV, Mid Europa Fund IV, and Pelion VI
Cash-flow positive in July with total distributions of EUR 3.7m

Private Equity Holding AG / Key word(s): Net Asset Value
Private Equity Holding AG: Net Asset Value as of July 31, 2023

09.08.2023 / 18:00 CET/CEST
Net Asset Value
The issuer is solely responsible for the content of this announcement.

NEWS RELEASE

Zug, August 9, 2023

Net Asset Value as of July 31, 2023

As of July 31, 2023, the Net Asset Value (NAV) per share of Private Equity Holding AG (PEH) stood at EUR 152.59 (CHF 146.04), representing a change of -0.1% in EUR (-2.1% in CHF) since June 30, 2023.

PEH's performance in July was slightly negative. Positive valuation adjustments for several portfolio funds could not fully compensate the adverse FX movements and expenses through the reporting month. Positive portfolio adjustments were recorded for ALPHA CEE Opportunity IV, Mid Europa Fund IV and Pelion VI, which benefitted from share price increases of listed underlying investments, e.g., Kaspi, a Kazakhstani fintech firm, Allegro, a Polish online e-commerce platform and bill.com, a US-based company that provides automated, cloud-based software solutions for financial operations.

In July, the portfolio was cash-flow positive with total distributions amounting to EUR 3.7m. These included proceeds from the sale of a longstanding PEH direct co-investment as well as from Abry Heritage, distributing proceeds from the sale of Socius, a specialty wholesale insurance broker focusing on management and professional liability insurance.

In the reporting period, PEH completed a USD 3.0m commitment to Evolution Technology III, a venture fund with a focus on cybersecurity and enterprise software companies primarily in the United States, Europe and Israel.

***

Private Equity Holding AG (SIX: PEHN) is a listed investment company for private equity investments. It offers institutional and private investors the opportunity to participate in a simple and tax-efficient manner in a diversified and professionally managed private equity portfolio with selective fund and direct investments.

Seite 1 von 2

Seite 2 ►