Princess Private Equity First-Half NAV Grows

LONDON (Alliance News) - Princess Private Equity Holding Ltd Wednesday said its net asset value grew by 4.5% to EUR8.20 per share in the first-half of its financial year.

The UK-based investment holding company said the portfolio's underlying companies continued to show strong operational improvements in the period.

Princess said it deployed EUR75.6 million in capital to new investments in the six month period, of which EUR 70.5 million was used for direct investments and EUR 5.1 million for calls from third party funds.

Shares in the company closed 0.1% higher at EUR6.59 per share Wednesday.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

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