REG - Partners Grp Pvt Eqt Partners Grp E-PEYS - PGPE Ltd publishes July NAV

Partners Private EquityAnnouncement

04/09/2024 07:00

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RNS Number : 8560C  Partners Group Private Equity Ltd  04 September 2024

(LSE: PEYS/PEY)

 

Partners Group Private Equity Limited

 

PGPE Ltd publishes July NAV

 

 

·    NAV decreased by 0.7% to EUR 14.28 per share; total net assets at EUR
987.40 million

·    Revaluations (-0.4%, of which -0.2% was due to the movement in the
listed share price of Galderma), and currency movements (-0.4%) detracted from
NAV

·    PGPE Ltd invested EUR 2.2 million and received distributions of EUR
1.7 million

 

In July, the net asset value of PGPE Ltd decreased by 0.7%. The performance
was partly driven by Galderma, a Switzerland-headquartered pharmaceutical
company specializing in dermatological treatments and skin care products. The
company is listed on the SIX Swiss Exchange and its share price saw a decline
at the end of the month as a result of market compression. Nevertheless, the
share price has since increased with the company announcing in August that it
has signed a memorandum of understanding with L'Oréal to work towards a new
research and development (R&D) collaboration. This would take the form of
a scientific partnership focused on complementary research projects which
could develop advanced, future-proof technologies with direct applications in
the field of dermatology.

 

After the month's end, the Company held its semi-annual webcast to update
investors on the recent developments of the portfolio. The recording is
available under the following link
(https://che01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fevent.eu.on24.com%2Fwcc%2Fr%2F8000061910%2F8A8D09EF906C92DFD2CC98F9FCD6FE77&data=05%7C02%7Candreea.mateescu%40partnersgroup.com%7C913f68745bf44cb8e79a08dcac83fd27%7C0bcc0075229d4973b0c30ef63eb9c51f%7C0%7C0%7C638574930173851837%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=3VGis8USk4QSYTzmedYHjx6awXhbZR01Wm8uszOvD5c%3D&reserved=0)
.

 

Further information is available in the monthly report, which can be accessed
via:
https://www.partnersgroupprivateequitylimited.com/en/investor-relations/financial-reports/

 

 

Ends.

 

About Partners Group Private Equity Limited

PGPE Ltd (formerly Princess Private Equity Holding Limited) is an investment
holding company founded in 1999 and domiciled in Guernsey. It invests in
private equity direct investments. PGPE Ltd is managed in its investment
activities by Partners Group, a global private markets investment management
firm with USD 149 billion in investment programs under management in private
markets, of which USD 76 billion is in private equity. PGPE Ltd aims to
provide shareholders with long-term capital growth and an attractive dividend
yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange
(ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).

 

Contacts

Partners Group Private Equity Limited:

pgpe-ltd@partnersgroup.com

www.partnersgroupprivateequitylimited.com

 

 Investor relations contact:                  Media relations contact:

 Andreea Mateescu                             Jenny Blinch

 Phone: +41 41 784 66 73                      Phone: +41 41 784 65 26

 E-mail: andreea.mateescu@partnersgroup.com   E-mail: jenny.blinch@partnersgroup.com

 

Registered Number: 35241   LEI: 54930038LU8RDPFFVJ57

Notes:

1.     Note that references in this announcement to Partners Group Private
Equity Limited have been abbreviated to "PGPE Ltd" or "Company". References to
Partners Group AG have been abbreviated to "Partners Group" or "Investment
Manager".

2.     This document does not constitute an offer to sell or a
solicitation of an offer to buy or subscribe for any securities and neither is
it intended to be an investment advertisement or sales instrument of Partners
Group Private Equity Limited. The distribution of this document may be
restricted by law in certain jurisdictions. Persons into whose possession this
document comes must inform themselves about and observe any such restrictions
on the distribution of this document. In particular, this document and the
information contained therein is not for distribution or publication, neither
directly nor indirectly, in or into the United States of America, Canada,
Australia or Japan.

3.     This document may have been prepared using financial information
contained in the books and records of the product described herein as of the
reporting date. This information is believed to be accurate but has not been
audited by any third party. This document may describe past performance, which
may not be indicative of future results. No liability is accepted for any
actions taken on the basis of the information provided in this document.
Neither the contents of PGPE Ltd' website nor the contents of any website
accessible from hyperlinks on PGPE Ltd' website (or any other website) is
incorporated into, or forms part of, this announcement.

 

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