Our financial report for the first quarter 2024 is now published. In 1Q24 USD NAV increased 1% QoQ and 9% YoY. Following 2023 trends, a broad range of factors are feeding into our growing NAV, inclusive of improving portfolio company performance combined with robust peer group traded multiples, all driven by a much improved top-down macro and market backdrop.
Our CEO, Dave Nangle, comments:
“Positive momentum continued into 1Q24, building on the trends of 2023, which were incrementally more positive with each passing quarter. This has fed into a strong start to 2024, building confidence in our outlook as we move through the year.”
Read the report here.