IN BRIEF: Apax Global Alpha suffers negative total return in half-year
Apax Global Alpha Ltd - closed-ended investment company providing access to the private equity funds of investment adviser Apax Partners LLP - Adjusted and unadjusted net asset value on June 30 is EUR1.24 billion, down from adjusted NAV of EUR1.29 billion a year before. This translates to 2.52 euro cents or 2.13 pence per share. NAV total return in the first half of 2024 is negative 1.4%, or negative 3.3% at constant currency. In the second quarter alone, NAV total return is negative 1.0%, or 1.5% at constant currency. Read More