20th Mar 2015 10:50
LONDON (Alliance News) - Kubera Cross-Border Fund Ltd on Friday said its net asset value per share fell in 2014, though its investment loss narrowed substantially.
The company, which makes private equity investments primarily in companies that operate in the US-India corridor, said its net asset value per share fell to USD0.52 at the end of December, down from USD0.54 a year earlier.
It made a consolidated net investment loss of USD550,000 for the year, compared to a USD28.3 million loss a year earlier.
Shares in the fund were untraded Friday, having last traded at 0.245 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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