ANR: Private Equity Holding AG: Net asset value as of November 30, 2021

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EQS-NAV: Private Equity Holding AG / Keyword (s): Net asset value

Private Equity Holding AG: Net asset value as of November 30, 2021

08.12.2021 / 18:00
Net asset value
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PRESS RELEASE

Zug, December 8, 2021

Net asset value as of November 30, 2021

As of November 30, 2021, the net asset value (NAV) per share of Private Equity Holding AG (PEH) amounted to EUR 154.64 (CHF 160.81), i.e. a variation of 8.1% in EUR ( 6.1% in CHF) since October 31. , 2021. This is another significant monthly increase in NAV, the largest increase in the current year to date.

A major driver of the portfolio’s exceptional performance in November was valuation adjustments of some of PEH’s direct co-investments, including Renaissance Learning, a provider of digital learning solutions. In addition, there have been several positive valuation adjustments in the funds in the portfolio including Pollen Street III, Bi-Invest Endowment Fund and Boulder Ventures IV.

The portfolio showed positive cash flow with total distributions amounting to 9.7 million euros. PEH has received notable distributions from Investindustrial V distributing products received from International Chemicals Holdings, following the full realization of its indirect investment in the Polynt-Reichhold group, a global leader in composite materials, chemical intermediates and chemicals. niche chemicals specialties, as well as Investindustrial VI distributing the product of Global Healthcare Services, following the full realization of its indirect stake in Lifebrain, one of the largest Italian providers of clinical laboratory tests.

In addition, Highland Europe II distributed the proceeds from the sale of AppLovin, a leading marketing platform that provides developers with a holistic set of solutions for developing their mobile applications.

During the month, PEH finalized a direct co-investment of 4.0 million euros in Guala Closures, a market leader in the production of aluminum and “non-refillable” caps, alongside Investindustrial.

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Private Equity Holding AG (SIX: PEHN) is a listed investment company for private equity investments. It offers institutional and private investors the possibility of participating in a simple and tax-efficient manner in a diversified and professionally managed private equity portfolio with selective funds and direct investments.

Portfolio income is partially reinvested and returned to shareholders in the form of annual distributions. The Private Equity Holding portfolio is managed by Alpha Associates, an independent Private Equity, Private Debt and Infrastructure investment manager based in Zurich.

For more information, please contact:
Kerstin von Stechow, Investor Relations, [email protected], tel. +41 41 726 79 80, http://www.peh.ch

The basis for calculating the net asset value and the disclaimer

The number of shares in circulation used to calculate the Net Asset Value per share was 2,526,764 as of November 30, 2021 (October 31, 2021: 2,526,764). The calculations are prepared in accordance with International Financial Reporting Standards (IFRS) and in accordance with the guidelines of Invest Europe (formerly known as the European Venture Capital Association). The fund’s investment valuations are based on the latest published net asset values ​​(NAVs) of the funds. To estimate the fair value of unlisted direct investments, Private Equity Holding AG considers the most appropriate market valuation techniques. The fair value of listed direct investments is the market value. The NAV of Private Equity Holding AG is calculated at the end of each month according to a going concern assumption and generally published within six trading days following the deadline. The different reporting deadlines of the different companies and funds in which participations are held may lead to short-term distortions and lead to differences between the published NAV and the actual total value of the net assets of Private Equity Holding AG.

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