(LSE: PEYS/PEY)
Partners Group Private Equity
Limited
PGPE Ltd publishes August
NAV
· NAV
decreased by 0.8% to EUR 14.17 per share; total net assets at EUR
979.55 million
·
Revaluations were flat, while adverse currency
movements (-0.9%) caused by the strengthening of the euro against
the US dollar detracted from NAV
· The sale
of Techem, the sixth largest portfolio company for PGPE Ltd, was
announced on 01 October 2024 at a valuation in line with August NAV
(3.8% of NAV)
· PGPE Ltd
invested EUR 1.2 million
During the month, Partners Group signed to sell its
remaining stake in Aavas Financiers ("Aavas"), an India-based
housing finance company, to CVC Capital Partners. The completion of
the sale is subject to regulatory approvals and customary closing
conditions. In 2016, Partners Group made an investment in Aavas on
behalf of its clients. Aavas went public two years later in 2018,
and the stake was gradually divested between 2020 and 2024. PGPE
Ltd expects estimated proceeds of EUR 1.8 million, in line with the
carrying value of the company in its portfolio as of the prior
month.
Further information is available in the monthly
report, which can be accessed via:
https://www.partnersgroupprivateequitylimited.com/en/investor-relations/financial-reports/
Ends.
About Partners Group
Private Equity Limited
PGPE Ltd (formerly Princess Private Equity Holding
Limited) is an investment holding company founded in 1999 and
domiciled in Guernsey. It invests in private equity direct
investments. PGPE Ltd is managed in its investment activities by
Partners Group, a global private markets investment management firm
with USD 149 billion in investment programs under management in
private markets, of which USD 76 billion is in private equity. PGPE
Ltd aims to provide shareholders with long-term capital growth and
an attractive dividend yield. PGPE Ltd is traded on the Main Market
of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS
for the Sterling Quote).
Contacts
Partners Group Private Equity Limited:
pgpe-ltd@partnersgroup.com
www.partnersgroupprivateequitylimited.com
|
Investor relations contact:
Andreea Mateescu
Phone: +41 41 784 66 73
E-mail: andreea.mateescu@partnersgroup.com
|
Media relations contact:
Jenny Blinch
Phone: +41 41 784 65 26
E-mail:
jenny.blinch@partnersgroup.com
|
Registered Number:
35241 LEI: 54930038LU8RDPFFVJ57
Notes:
1. Note that
references in this announcement to Partners
Group Private Equity Limited have been
abbreviated to "PGPE Ltd" or "Company". References to Partners
Group AG have been abbreviated to "Partners Group" or "Investment
Manager".
2. This
document does not constitute an offer to sell or a solicitation of
an offer to buy or subscribe for any securities and neither is it
intended to be an investment advertisement or sales instrument
of Partners Group Private Equity
Limited. The distribution of this document
may be restricted by law in certain jurisdictions. Persons into
whose possession this document comes must inform themselves about
and observe any such restrictions on the distribution of this
document. In particular, this document and the information
contained therein is not for distribution or publication, neither
directly nor indirectly, in or into the United States of America,
Canada, Australia or Japan.
3.
This document may have been prepared using
financial information contained in the books and records of the
product described herein as of the reporting date. This information
is believed to be accurate but has not been audited by any third
party. This document may describe past performance, which may not
be indicative of future results. No liability is accepted for any
actions taken on the basis of the information provided in this
document. Neither the contents of PGPE Ltd' website nor the
contents of any website accessible from hyperlinks on PGPE Ltd'
website (or any other website) is incorporated into, or forms part
of, this announcement.