Brief: Tetragon NAV Increased By $31.9 Million In Q1

Tetragon Financial

28/04/2023 07:46

April 28 (Reuters) - Tetragon Financial Group Ltd
 TFG.AS :
    * NAV INCREASED BY $31.9 MILLION DURING FIRST QUARTER OF
2023,
DRIVEN BY NET INCOME OF +$37.1 MILLION, AND -$5.2 MILLION OF
DIVIDENDS AND OTHER CAPITAL ITEMS
    * TETRAGON’S CASH BALANCE AS AT 31 MARCH 2023 WAS $176.9
MILLION
    * AUM FOR TFG ASSET MANAGEMENT WAS $41.8 BILLION AT 31 MARCH
2023
    * Q1 NET INCOME COMPRISES +$53.7 MILLION OF INVESTMENT
GAINS,
-$12.8 MILLION OF OPERATING EXPENSES AND MANAGEMENT FEES, AND
-$3.8 MILLION OF INTEREST EXPENSE

Source text for Eikon:  ID:nPRrRA1A8a 
Further company coverage:  TFG.AS 

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