Origo sees decline in portfolio value

Beijing-based private equity investment firm Origo Partners continued to head south after the value of its portfolio dipped in the second quarter of 2012.

Beijing-based private equity investment firm Origo Partners continued to head south after the value of its portfolio dipped in the second quarter of 2012.

The firm, which has seen its share price slashed by two-fifths over the last year, said it made good progress with the execution of its strategy in the second quarter, but the effects of falling global equity markets since the end of 2011 led to the value of the portfolio at the quarter end (excluding revaluations of unquoted portfolios) sliding to $260.5m from $267.0m at the beginning of the quarter.

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