Apax Global Alpha Ltd - provides investors with access to Apax private equity funds - Net asset value declines by 3.9% to €1.24 billion as of June 30 from €1.29 billion on December 31, 2023. Per share, this is €2.52, down from €2.64. The fall in NAV is due to the reduced value of its private equity portfolio and the payment of the recent dividend, Apax says. NAV total return in the recent half-year is negative 1.4%, or negative 3.3% at constant currency. In private equity alone, these are negative 2.5% and negative 4.4%, while debt investments bring a 2.1% positive return or negative 0.1% at constant currency. Apax Global Alpha declares an interim dividend of 5.50p, down 3.5% from 5.70p a year before.
Current stock price: 143.47 pence
12-month change: down 14%
Copyright 2024 Alliance News Ltd. All Rights Reserved.
