Private Equity Holding AG Reports Net Asset Value for August 2024

As of August 31, 2024, Private Equity Holding AG (PEH) reported a Net Asset Value (NAV) per share of EUR 158.55 (CHF 148.95). This marks a slight decline of -0.9% in EUR and -2.3% in CHF compared to July 31, 2024.

Positive valuation adjustments at the portfolio level included investments in Clarus IV, Highland Europe I & II, and direct co-investments in Earnix and a premium healthcare provider in Romania and Serbia. Despite these positive adjustments, adverse FX movements affected overall NAV.

The portfolio experienced a cash-flow positive month with EUR 6.2 million in distributions, primarily from Highland Europe I, compared to EUR 4.0 million payments into the portfolio. A significant contribution was from WeTransfer.

Noteworthy capital calls included Abry IX for Chambers' acquisition and a USD 6.0 million commitment to Insight Partners XIII, targeting global growth-stage software and internet companies.