Private equity firm Pantheon International said on Friday that its net asset value had remained broadly flat in January.
Pantheon’s net asset value ticked up just 0.01% to 3,094.7p as of 31 January, an increase of 3.3p month-on-month made up of valuation gains and investment income of 23.6p and 1.5p, respectively, and foreign exchange losses of 17.9p and expenses and taxes of 3.9p.
The FTSE 250-listed firm’s private equity assets stood at £1.58bn, whilst net available cash balances were £137.0m.
Pantheon added that it had made one new commitment during January, a £1.7m co-investment in Oasis Financial, a provider of consumer litigation finance solutions in the USA.
As of 0835 GMT, Pantheon shares were down 0.50% at 2,512.41p.
