PEYA Princess Private Equity Holdings

Edison issues report on Partners Group Private Equity (PEY/PEYS)

Edison Investment Research Limited
Edison issues report on Partners Group Private Equity (PEY/PEYS)

11-Sep-2024 / 13:39 GMT/BST
The issuer is solely responsible for the content of this announcement.


 

London, UK, 11 September 2024

 

Edison issues report on Partners Group Private Equity (PEY/PEYS)

Edison issues report on Partners Group Private Equity (LSE: PEY)

Partners Group Private Equity received a strong €103.7m in realisation proceeds in H124 (c 11% of opening NAV). Proceeds of €70.2m came from the successful sale of SRS Distribution to Home Depot at a more than 30% uplift to the previous carrying value (contributing to Partners Group Private Equity’s 4.1% NAV total return in H124), which resulted in a healthy gross multiple on invested capital (MOIC) of over 5x since its investment in this business in 2018. There are a number of exit candidates in the company’s portfolio, with 29% of its current investments by value held at a gross total value to paid-in capital multiple of more than 2.0x.

to read the full report.

All reports published by Edison are available to download free of charge from its website

Edison is authorised and regulated by the .

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

+44 (0)20 3077 5700

Connect with Edison on:

 

LinkedIn 

X  

YouTube 



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1986249  11-Sep-2024 

fncls.ssp?fn=show_t_gif&application_id=1986249&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
11/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Princess Private Equity Holdings

 PRESS RELEASE

Edison issues report on Partners Group Private Equity (PEY/PEYS)

Edison Investment Research Limited Edison issues report on Partners Group Private Equity (PEY/PEYS) 28-Nov-2024 / 13:26 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 28 November 2024   Edison issues report on Partners Group Private Equity (PEY/PEYS) Edison issues report on Partners Group Private Equity (LSE: PEY). Partners Group Private Equity’s (PGPE’s) recent portfolio realisation efforts (supported by the gradual pick-up in M&A activity and an opening IPO window) included, most notably, the sale of SRS Distribution earlier th...

Pedro Fonseca
  • Pedro Fonseca

Partners Group Private Equity - Seeing good demand for several of its ...

Partners Group Private Equity’s (PGPE’s) recent portfolio realisation efforts (supported by the gradual pick-up in M&A activity and an opening IPO window) included, most notably, the sale of SRS Distribution earlier this year (see our September 2024 note for details) and more recently Techem (3.8% of end-Q324 NAV, sold to a trade buyer in October 2024), as well as the successful IPO pricing of Galderma in March and KinderCare in October. The positive valuation effects from these activities (21% ...

 PRESS RELEASE

Edison issues report on Partners Group Private Equity (PEY/PEYS)

Edison Investment Research Limited Edison issues report on Partners Group Private Equity (PEY/PEYS) 11-Sep-2024 / 13:39 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 11 September 2024   Edison issues report on Partners Group Private Equity (PEY/PEYS) Edison issues report on Partners Group Private Equity (LSE: PEY) Partners Group Private Equity received a strong €103.7m in realisation proceeds in H124 (c 11% of opening NAV). Proceeds of €70.2m came from the successful sale of SRS Distribution to Home Depot at a more than 30% upl...

Pedro Fonseca
  • Pedro Fonseca

Partners Group Private Equity - Healthy realisations in H124

Partners Group Private Equity received a strong €103.7m in realisation proceeds in H124 (c 11% of opening NAV). Proceeds of €70.2m came from the successful sale of SRS Distribution to Home Depot at a more than 30% uplift to the previous carrying value (contributing to Partners Group Private Equity’s 4.1% NAV total return in H124), which resulted in a healthy gross multiple on invested capital (MOIC) of over 5x since its investment in this business in 2018. There are a number of exit candidates i...

Sarah Godfrey
  • Sarah Godfrey

Private Equity: Stick or twist? Avoiding the ‘pig in the python'

After a period of record fundraising and with more than $1tn of ‘dry powder' on the sidelines awaiting investment, private equity (PE) has had a more difficult time in the past two years as inflation and interest rates have increased. The IPO market has been subdued following strong years in 2020 and 2021, challenging the traditional PE model, which relies on a steady cycle of exits in order to fund existing commitments and make new investments. One leading US private equity investor has likened...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch