Pomegranate Investment: diamond in the rough – soft coverage (NOT RATE...

Pomegranate is a Swedish public company that invests primarily in the fast-growing consumer internet sector of Iran. The company has increased its per-share NAV by 3x, to EUR 29.7, since 2014, despite sustaining a c.85% currency devaluation during that period. It was founded by a well-known team of European VC and capital markets professionals, with long track records of successfully backing leading companies in the emerging markets. Its main investments include an 11.8% stake in the largest Ira...