Origo Partners, a Beijing-based private equity investment firm, has estimated its unaudited net asset value (NAV) to be 238.6m dollars, or 0.67 cents per share, at March 31st, down slightly from the 240.6m dollars at the end of 2011.
The equivalent NAV per share translated into sterling was 43.7p, compared to 44.1p at December 31st 2011.
During the first three months of the year, the firm's portfolio had a total value of $267m, compared to $260m at the end of 2011.
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The firm was keen to emphasise that the top ten investments represented 89% of the fair value of the portfolio, with the top five accounting for 71%.
57% of the portfolio relates to the metal and mining sector, 25% agriculture, 14% cleantech, and four per cent consumer, technology and media.
During the period the group invested $7.5m, of which $5.1m went to existing invetee companies, and $2.4m in new portfolio companies.
At March 31st the company had cash and equivalents of $39.6m, offset by debt and liabilities of $2.6m.
The share price fell 1.68% to 29.25p by 12:33.
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