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IN BRIEF: Apax Global Alpha gets NAV uplift from Thoughtworks IPO

16th Sep 2021 10:54

Apax Global Alpha Ltd - investment fund managed by Apax Partners - Portfolio company Thoughtworks goes public on Nasdaq on Wednesday. AGA gets proceeds of EUR15 million, and its remaining look-through stake in Thoughtworks is worth EUR158 million, based on its closing price on Wednesday. That represents an uplift to AGA's adjusted net asset value on June 30 of 5.9%, or EUR0.17 per share.

Current stock price: 225.00 pence, up 3.7% on Thursday

Year-to-date change: up 17%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Apax Global Alpha
FTSE 100 Latest
Value9,093.88
Change12.44