FTSE 250 PE firm HVPE, announced a month on month NAV increase of 1.2% in US dollar terms, for the month ending 31st March 2024. Estimated NAV per share stood at $50.67 (£40.11)

Other highlights included:

• A net $29 million of distributions received over the month
• 27 M&A transactions and IPOs, compared to last 12-month average total of 23
• During March, HVPE was in the market for seven days buying back shares. Over this time, 330,730 ordinary shares were repurchased for a total consideration of $10.0 million which resulted in a $0.09 accretion to estimated NAV per share

More info can be found on HVPE’s monthly newsletter

News in full

Below is HVPE’s most recent results  interview (6 months to 31 July 2023) with Managing Director, Richard Hickman