Electra Private Equity keeping powder dry

Electra Private Equity, which has stakes in insurer esure and in holiday parks operator Park Resorts, fell behind its benchmark, the FTSE All-Share index, in the three months to the end of June.

Electra Private Equity, which has stakes in insurer esure and in holiday parks operator Park Resorts, fell behind its benchmark, the FTSE All-Share index, in the three months to the end of June.

The net asset value (NAV) per share of the group rose 0.9% in the quarter to £23.82p but the stock price declined 4.3%, slightly more than the 3.7% decrease in the FTSE All Share.

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