21 November 2020
VPEG3 Quarterly Report for the 3 months ending 30 September 2020
Special Points of Interest;
- Next Capital Fund IV invests in Eptec Group, a specialist contractor providing asset preservation, life extension and maintenance services to marine, critical transport and infrastructure assets in Australia.
- A significant majority of companies in VPEG3’s underlying portfolio, representing 95% of total NAV, maintained or increased in value across the quarter
- The improvement in value across the portfolio delivered a 4.8% increase in VPEG3’s Consolidated NAV across the quarter
- VPEG3 investee Advent Partners 2 prepares SILK Laser Clinics for exit via IPO listing on the ASX, which is expected to be completed by December 2020 delivering a strong return on investment