10th Mar 2009 18:32
News Release
Guernsey, 10 March 2009
Princess publishes annual report 2008
Princess Private Equity Holding Limited ("Princess") today published its annual report as of 31 December 2008. Developments during the year include:
Colin Maltby, Chairman of Princess, comments: "Even though further valuation adjustments within the Princess portfolio cannot be ruled out in this recessionary environment, I expect Princess - with its limited exposure to expensive investment periods and access to top-quartile private equity firms - to see more moderate adjustments as compared to the private equity industry in general. The sophisticated investment process and the development of the portfolio since its launch are grounds for confidence that Princess is well equipped to weather the challenging environment of 2009."
A detailed analysis and commentary on the year 2008 developments at Princess are presented in the annual report published today, which may be accessed via http://www.princess-privateequity.net/en/investor_relations/reports.php?ml Hardcopies of the report will be sent to all shareholders by the end of April.
The Annual Report and Accounts will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:
About Princess
Princess is an investment holding company founded in 1999 and domiciled in Guernsey that invests in private equity and private debt investments. The Company is advised in its investment activities by Partners Group AG, a global alternative asset management firm listed on the SIX Swiss Exchange (ticker symbol: PGHN) with over CHF 24 billion assets under management in private equity, private debt, private real estate, private infrastructure, absolute return strategies and listed alternatives. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the Frankfurt Stock Exchange (ticker symbol: PEY1) and on the London Stock Exchange (ticker symbol: PEY). Further information: www.princess-privateequity.net
Contacts
Princess Private Equity Holding Limited:
princess@princess-privateequity.net
www.princess-privateequity.net
Registered Number: 35241
Media enquiries:
Partners Group AG
Tamara Krebs
Communications
Tel.: +41 41 768 85 26
tamara.krebs@partnersgroup.net
www.partnersgroup.net
This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess Private Equity Holding Limited. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about, and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.
This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document.
Approved by Partners Group (UK) Ltd., authorised and regulated by the Financial Services Authority in the United Kingdom.
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