14th Sep 2021 07:35
Third Point Investors Ltd - investor in listed and unlisted companies - Net asset value per share rises 17%, to USD30.51 on June 30 from USD26.18 on December 31. The top three contributors were unlisted companies whose value was affirmed by public markets, Third Point Investors says, citing artificial intelligence-driven lender Upstart, cybersecurity firm SentinelOne, and financial services platform Social Finance. Company sees "compelling" backdrop for risk assets, as "financial conditions remain loose, fund flows are healthy, the savings rate is high and policy is broadly supportive."
Current stock price: USD29.30
Year-to-date change: up 38%
By Ivan Edwards; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved
Related Shares:
Third Poi. $