Last checked at 
14 Feb 2020 07:00
LEI: 549300Q7EXQQH6KF7Z84
14 February 2020
RTW Venture Fund Limited
Net Asset Value
RTW Venture Fund Limited (the "Company") announces that the unaudited net asset value of the Company at the close of business on 31 January 2020 (the "NAV") was US$207.65 million, or US$1.22 per ordinary share.
As at 31 January 2020, 15.1 per cent. of the NAV was invested in privately-held companies.
For Further Information
RTW Investments, LP +1 (646) 343 9280Stephanie Sirota, Chief Business Officer
Alexandra Taracanova, PhD, Director of Investor Relations
Julia Enright, Business Development Associate
Estera (Company Secretary) +44 (0)1481 742 642Kevin Smith
Note:
1. | The NAV is determined by the Company's investment manager, RTW Investments, LP, in accordance with the Company's accounting policies. Investments by the Company in privately-held companies ("Private Portfolio Companies") have been valued at fair market value, taking into account the valuation prepared by Alvarez & Marsal Valuation Services LLC as at 31 January 2020 and the nature, facts and circumstances of the Private Portfolio Companies since that date. Investments by the Company in companies listed on a public stock exchange (the "Public Portfolio Companies") have each been valued by reference to their market capitalisation as at close of business on 31 January 2020. The Company applies a valuation discount to its investments in Public Portfolio Companies that are subject to post-IPO lock-up provisions. |