IN BRIEF: Partners Group Private Equity expands buyback programme
Partners Group Private Equity Ltd - Guernsey-based private equity investor, which is managed by Swiss investment firm Partners Group Holding AG - Allocates EUR18 million to its buyback programme as it reports free cash flow of EUR24 million at March 31, and notes its shares are trading at a discount to net asset value of at least 30%. Says this allocation is in addition to the residual EUR1.6 million allocated for repurchases back in October that has remained unused. Adds that the combined EUR19.6 million buyback scheme will expire on July 31. Reports a "healthy flow" of liquidity events in the quarter ended March 31, with contracted distributions around EUR56 million. Says new investment activity more muted at around EUR12 million. Read More