Patria Private Equity Trust plc (“PPET” or “the Company”) announces its estimated net asset value (“NAV”) at 31 August 2024

• Estimated NAV at 31 August 2024 was 771.6 pence per share (estimated NAV at 31 July 2024 was 762.8 pence per share)
• Excluding new investments, 97.1% by value of portfolio was dated 30 June 2024 (estimated NAV at 31 July 2024 was 98.8% dated 31 March 2024)
• PPET received £20.7 million of distributions and paid £2.7 million of drawdowns to fund existing commitments during the month of August
• PPET made an initial commitment of $25.0 million to Patria Secondary Opportunities Fund V (‘SOF V’)
• Outstanding commitments of £634.1 million at 31 August 2024
• Liquid resources (cash balances plus undrawn credit facilities) were £175.4 million as at 31 August 2024

News in full

Below is an interview with Alan Gauld, a Senior Investment Director at the Trust, who provides an overview of PPET’s investment strategy and objectives