FTSE 250 PE firm HVPE, announced a month on month NAV increase of 0.9% in US dollar terms, for the month ending 29th Feb 2024

Also in the update, HVPE announced an uptick in exit activity with 31 M&A transactions and two IPOs, compared to last 12-month average total of 22, following a positive trend seen in recent months

During February, HVPE was in the market for five days buying back shares. Over this time, 383,424 ordinary shares were repurchased for a total consideration of $11.5 million which resulted in a $0.10 accretion to estimated NAV per share. Post month-end, HVPE has continued to buy back shares.

News in full

Below is HVPE’s recent results interview with Managing Director, Richard Hickman