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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 Story provided by StockMarketWire.com

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