Private Equity Holding AG: Net Asset Value as of May 31, 2024

As of May 31, 2024, Private Equity Holding AG (PEH) reported a Net Asset Value (NAV) per share of EUR 161.11 (CHF 157.88). This marks a 0.9% increase in both EUR and CHF since April 30, 2024.

Despite adverse foreign exchange movements, portfolio performance was positive in May. Key contributors included valuation adjustments in funds such as Gyrus Co-Investment Fund, Alpha CEE Opportunity IV, and Sycamore III. The direct co-investment Design Holding also showed positive performance.

The portfolio was cash-flow positive in May, with distributions totaling EUR 10.9 million and EUR 1.4 million paid into the portfolio. Gyrus Co-Investment Fund was the largest distributor, mainly through the sale of Intellera. Additionally, Clarus IV distributed proceeds from SFJ Pharmaceuticals and Galera Therapeutics.

PEH committed USD 4.5 million to a growth fund targeting early and growth stage venture investments in the IT sector in Europe, Israel, and the US. The Annual General Meeting on June 3, 2024, approved all proposals by the Board of Directors.