(LSE: PEYS/PEY)

Partners Group Private Equity Limited

NAV decreased by 1.2% in February

·    NAV decreased by 1.2% to EUR 1'031.4 million corresponding to EUR 14.91 per share

·    Portfolio revaluations impacted NAV (-1.0%) amid volatile public markets, while currency movements were flat

·    PGPE Ltd received EUR 7.9 million in distributions and invested EUR 3.6 million in additional investments across the portfolio during the reporting period

In February, the NAV decrease was primarily due to the revaluation of listed holdings in the portfolio, which were impacted by the public market correction during the reporting period. 

The impact of this correction was partially offset by the positive revaluation of certain private equity assets, including United States Infrastructure Corporation, a US-based provider of underground utility locating services. The company's financial performance for the twelve months to 31 January 2025 reflects improved operational efficiencies and cost management initiatives. Management is focusing on pricing strategies, contract optimization, and operational digitalization to drive further performance improvements.

PGPE Ltd received distributions of EUR 7.9 million in February, of which EUR 7.5 million came from the exit of its investment in TOUS. TOUS is a leading affordable luxury products retailer founded in 1920 in Manresa, Spain, with over 720 stores in more than 40 countries and employing 4'000 professionals across the world. Since the initial investment in 2015, Partners Group worked with management on several value creation initiatives, such as brand elevation, international expansion, and digitalization, successfully developing its e-commerce platform and building a full omni-channel customer experience.

Further information is available in the monthly report, which can be accessed via: https://www.partnersgroupprivateequitylimited.com/investors/reports-and-presentations

Ends.

About Partners Group Private Equity Limited

PGPE Ltd (formerly Princess Private Equity Holding Limited) is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. PGPE Ltd is managed in its investment activities by Partners Group, a global private markets investment management firm with over USD 150 billion in investment programs under management in private markets, of which USD 78 billion is in private equity. Partners Group itself is listed at the Swiss Stock Exchange (ticker: PGHN).  PGPE Ltd aims to provide shareholders with long-term capital growth and an attractive dividend yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).

Contacts

Partners Group Private Equity Limited:

pgpe-ltd@partnersgroup.com

www.partnersgroupprivateequitylimited.com

Registered Number: 35241   LEI: 54930038LU8RDPFFVJ57

Notes:

1.     Note that references in this announcement to Partners Group Private Equity Limited have been abbreviated to "PGPE Ltd" or "Company". References to Partners Group AG have been abbreviated to "Partners Group" or "Investment Manager".

2.     This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Partners Group Private Equity Limited. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

3.   This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of PGPE Ltd' website nor the contents of any website accessible from hyperlinks on PGPE Ltd' website (or any other website) is incorporated into, or forms part of, this announcement.