Patria Private net asset value total return tops 10% in 'strong' year
Patria Private Equity Trust PLC on Thursday said that financial 2025 was its strongest year since 2022 on a net asset value total return basis, as it announced a higher dividend.
The Edinburgh, Scotland-based investment company managed by Patria Capital Partners LLP said net asset value per equity share was 845.5 pence at September 30, up 8.4% from 780.1p a year prior.
NAV total return was 10.6% in the financial year that ended September 30, a sharp improvement compared to 2.4% in financial 2024. However, Patria Private Equity underperformed against the FTSE All-Share index, which had a return of 16% as public markets ‘continued to perform strongly’.
Chair Alan Devine said: ‘Despite the challenging macroeconomic backdrop PPET continues to perform strongly.’
Patria Private Equity increased its total dividend by 4.8% to 17.6p per share from 16.8p in financial 2024.
Alan Gauld, lead investment manager & senior investment director, said: ‘I am pleased that 2025 is PPET’s strongest year since 2022 on a NAV total return basis and marks 16 consecutive years of positive NAV total return growth. I remain assured about the longer-term opportunities in the private equity mid-market, with literally thousands of founder or family-owned businesses providing an enormous opportunity set for private equity investors and resultant exposure to everyday investors through the company.’
He added: ‘The PPET portfolio continues to perform resiliently and remains well positioned for a pick-up in market activity levels. Any uptick in private equity exits should result in an increase in distributions to PPET and be a tailwind to NAV growth, given portfolio exits in PPET tend to trade at an uplift to their last bottom-up valuation. Furthermore, PPET is in a strong balance sheet position and has ample firepower to continue making new, mid-market investments in the years ahead.’
Patria Private Equity shares were 0.3% higher at 636.72 pence each on Thursday afternoon in London.
Copyright 2026 Alliance News Ltd. All Rights Reserved.