Apax Global Alpha reports rise in net asset value returns on strong private equity performance
By BFN News | 08:54 AM | Tuesday 02 March, 2021
Investment trust Apax Global Alpha reported a rise in net asset value, underpinned by strong performance in its private equity portfolio.
For 2020, the company delivered a net asset value return of 14.8%
as the private equity portfolio delivered returns of 25.4% for the year.
A dividend of 5.28p per share was declared for the full year.
'While progress in developing and deploying a range of vaccines against Covid-19 is encouraging, the outlook remains uncertain,' the company said.
At 8:54am: (LON:APAX) Apax Global Alpha Limited share price was 0p at 170.8p
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