Private Equity Holding AG Reports Decrease in Net Asset Value

Private Equity Holding AG (PEH) announced its Net Asset Value (NAV) per share as of January 31, 2026, at EUR 151.10 (CHF 138.39), marking a decrease of 0.9% in EUR and 2.5% in CHF compared to December 31, 2025. The company experienced a negative portfolio performance in January, primarily due to continuous adverse currency movements, despite several funds like TA Associates XIV achieving positive valuation adjustments.

During the reporting period, the portfolio was cash-flow negative. Total distributions were EUR 2.5 million, whereas EUR 5 million was paid into the portfolio. CIVC VI made the largest distribution following the sale of 829 Studios, while Investindustrial VIII called significant capital for various investments.