Pantheon International PLC on Friday reported a monthly increase in its net asset value.
The FTSE 250 listed investment trust reported an NAV per share of 492.5 pence on September 30, up 3.0% from 478.3p recorded on August 31.
At September 30, Pantheon's private equity assets stood at £2.58 billion, up 31% from £1.97 billion a year before. However, net available cash balances fell to £81 million from £224 million.
In September, Pantheon invested £4.3 million in share buybacks, acquiring 1.7 million shares at an average price of 257.1p per share.
Shares in Pantheon were down 0.3% to 244.25 pence each in London on Friday morning.
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