Brief: JPEL Private Equity Announces Partial Realization In Second Largest Portfolio Company

JPEL Private Equity

13/03/2020 07:42

March 13 (Reuters) - JPEL Private Equity Ltd  JPEL.L :
    * PARTIAL SALE OF 2ND LARGEST INVESTMENT
    * PARTIAL REALIZATION IN JPEL'S 2(ND) LARGEST PORTFOLIO
COMPANY, A
TAX ADVISORY SERVICES COMPANY
    * PARTIAL REALIZATION RESULTS IN AN INVESTMENT RETURN OF
ABOUT
4.39X AND AN IRR OF APPROXIMATELY 33% FOR JPEL
    * GOT ABOUT $37.5MM, TO CONTINUE TO HOLD ABOUT 20% OF ITS
POSITION
IN CO, VALUED AT ABOUT $10.4MM AT 31 DECEMBER 2019

Source text for Eikon:  ID:nRSM0163Ga 
Further company coverage:  JPEL.L 

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