Our financial report for 2Q25 is now published. In 2Q25 our NAV was up 5% QoQ, to USD 374.6 mln. The positive NAV development reflects broad supportive market trends.
VEF CEO, Dave Nangle, comments:
“We recently passed our 10-year anniversary as an investment company. In this time, we have been through many cycles and our experience tells us we are on an early upswing. As capital starts to flow back to our balance sheet, we are delivering on market promises to de-lever our balance sheet and buy back our shares. We expect to continue to buy back our shares and pay down our debt with additional exits, which remains a priority for 2025.”
Access the report in the IR section of our website here.