NAV falls at Candover Investments as portfolio valuations contract

The value of net assets per share in Candover Investments, the European private equity house, fell 15.2 per cent to 608p in the year ended December 31st.

The value of net assets per share in Candover Investments, the European private equity house, fell 15.2 per cent to 608p in the year ended December 31st.

Preliminary unaudited results for the year showed that portfolio valuations were down 10.7% over the year accounting for over 80% of the drop in net asset value (NAV).

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