Private equity group Electra saw basic net asset value per share (NAV) rise 2.3% in the three months ended December 31st.
Basic NAV per share was 2,377p at the end of the quarter, up from 2,325p at September 30th.
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"Electra has been able in the last quarter of 2011 to realise investments at significant uplifts to carrying values, increasing our investment capacity to over £400m" said Chairman Colette Bowe. "The board continues to support the manager's view that the next twelve to eighteen months will provide attractive new investment opportunities."
According to Hugh Mumford, managing partner of Electra Partners, "Over the next year we expect to see further fundraising pressures on private equity firms, asset sales from deleveraging banks and maturing debt needing equity top-ups in order to refinance."
Over the three-month period, Electra's share price rose by 3.9%, compared with the 7.7% increase in the FTSE All-Share index.
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