In QuotedData’s morning roundup we have: Partners Group Private Equity reporting a monthly gain, Aurora UK Alpha appoints ex-Fidelity executive Alex Denny to the board and Ceiba, the highly discounted Cuban property investment company, recruits three non-execs to its board.
- Partners Group Private Equity (PEY) saw net asset value rise 0.9% to €13.80 per share in May, lifting the portfolio to €954.4m, helped by gains in Galderma, a listed dermatology specialist, and Version 1, a UK digital transformation services provider which recently won contracts in Ireland and Scotland. PEY also co-invested €3.5m in Project Magic with another private equity partner to buy a majority stake in the budget hotel chain.
- Aurora UK Alpha (ARR) appoints Alex Denny, former head of investment trusts at Fidelity, as an independent non-executive director. Denny, who was also previously a managing director of private equity fund manager Pantheon, will start on 1 January.
- Ceiba Investments (CBA), the Cuban property investment company trading on a 64% discount, refreshes its board with three new independent non-execs: Dena Bellamy, a former corporate financier at Rothschild, Merrill Lynch and Commerzbank; Mary Dunphy, a former management consultant at Accenture and Teneo; and chartered accountant Robin Smith.
- Private equity fund EPE Special Opportunities (ESO) has invested up to £2.1m in Prism Holdco which owns the LSA International brand that designs, develops and distributes a wide range of interior products, including glassware, tableware and interior accessories. The transaction has no impact on net asset value.
