Pantheon Sept NAV down 0.4%
Pantheon International
319.00p
16:40 28/03/24
Private equity investment firm Pantheon International (PIP) said net asset value per share fell 0.4% in September month on month.
Equity Investment Instruments
11,757.71
17:14 28/03/24
FTSE 250
19,884.73
17:14 28/03/24
FTSE 350
4,383.21
17:14 28/03/24
FTSE All-Share
4,338.05
16:50 28/03/24
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.