Net asset value

DeFi Technologies Subsidiary Valour Inc. Introduces World's First and Only Yield Bearing Bitcoin (BTC) ETP in Collaboration with Core Foundation, to German Investors on Börse Frankfurt Offering Exposure to Bitcoin with a 5.65% Yield

Retrieved on: 
Tuesday, June 18, 2024

Simplified Investment with Valour Bitcoin Staking (BTC) EUR ETP: Valour Bitcoin Staking (BTC) EUR ETP streamlines Bitcoin investment by delegating Bitcoins to Core validators, the yield is attributed to the Net Asset Value ("NAV") on a daily basis.

Key Points: 
  • Simplified Investment with Valour Bitcoin Staking (BTC) EUR ETP: Valour Bitcoin Staking (BTC) EUR ETP streamlines Bitcoin investment by delegating Bitcoins to Core validators, the yield is attributed to the Net Asset Value ("NAV") on a daily basis.
  • This offering provides German investors exposure to Bitcoin with a 5.65% annualized yield available on Börse Frankfurt exchange.
  • Valour Bitcoin Staking ( BTC ) EUR ETP was previously introduced to the Nordic Growth Market ("NGM") on May 10, 2024.
  • Valour Bitcoin Staking ( BTC ) EUR ETP generates yield by delegating Bitcoins to a validator on the Core Chain through non-custodial, native Bitcoin staking.

Hedge & Sachs Investments Limited New Fund Domiciled in Cayman Islands Demonstrates Positive Performance

Retrieved on: 
Friday, June 7, 2024

Grand Cayman, Cayman Islands--(Newsfile Corp. - June 7, 2024) - Hedge & Sachs Investments Limited, a leading asset management firm, announced the launch of its newest fund domiciled in the Cayman Islands. This strategic initiative underscores the firm's dedication to innovation, growth, and providing tailored investment solutions in an ever-evolving global market landscape.

Key Points: 
  • Grand Cayman, Cayman Islands--(Newsfile Corp. - June 7, 2024) - Hedge & Sachs Investments Limited, a leading asset management firm, announced the launch of its newest fund domiciled in the Cayman Islands.
  • Positive Performance Amidst Market Volatility:
    The Hedge & Sachs Fund has showcased positive performance over the past five months, achieving consistent growth in Net Asset Value (NAV) despite volatile global market conditions.
  • In response to the growth of the fund and its success, Rachit Pant, CEO & Board Member of Hedge & Sachs, commented, "We are thrilled to see the performance of our fund.
  • We have always aimed to go further and beyond for our investors," added Adil Akhtar, Founder & Group Chairman, Hedge & Sachs.

Fairway Private Equity & Venture Capital Opportunities Fund Announces First Quarter Results

Retrieved on: 
Wednesday, June 5, 2024

Fairway Capital Management (“Fairway”) announced today that Fairway Private Equity & Venture Capital Opportunities Fund (the “Fund”) increased in Net Asset Value by 5.00% in the quarter ended March 31, 2024.

Key Points: 
  • Fairway Capital Management (“Fairway”) announced today that Fairway Private Equity & Venture Capital Opportunities Fund (the “Fund”) increased in Net Asset Value by 5.00% in the quarter ended March 31, 2024.
  • In launching the Fund, our goal was to deliver a truly institutional-quality private equity and venture capital portfolio in a '40 Act fund structure.
  • "The Fund is designed to provide balanced exposure to high-quality private equity, venture capital and private credit.
  • As a ’40 Act fund, Fairway Private Equity & Venture Capital Opportunities Fund offers greater flexibility than a traditional, institutionally oriented private equity investment vehicle.

Citco: NAV Lending Grows Rapidly as Heightened Disclosure Looms

Retrieved on: 
Tuesday, May 28, 2024

Across Citco’s ecosystem, less than 15% of NAV facilities have been used to fund distributions to investors, with the remaining 85% used for the purposes above.

Key Points: 
  • Across Citco’s ecosystem, less than 15% of NAV facilities have been used to fund distributions to investors, with the remaining 85% used for the purposes above.
  • A NAV facility is most often a loan – extended by banks, insurance companies and specialty private lenders – to an alternative investment fund that is secured by the fund’s investments, which collectively comprise its NAV.
  • Citco plans to expand its NAV lending capability to match demand, drawing from its own liquidity and a range of institutional partners.
  • Overall, the presence of NAV facilities provide a source of liquidity for closed-end funds, allowing them to maintain resilience in a precarious environment.

DeFi Technologies Subsidiary Valour Inc. Launches World's First Yield Bearing Bitcoin (BTC) ETP in Collaboration with Core Foundation, Offering Investors Exposure to Bitcoin with a 5.65% Yield

Retrieved on: 
Wednesday, May 15, 2024

Simplified Investment with Valour Bitcoin Staking (BTC) SEK ETP: Valour Bitcoin Staking (BTC) SEK ETP streamlines Bitcoin investment by delegating Bitcoins to Core validators, the yield is attributed to the Net Asset Value (NAV) on a daily basis.

Key Points: 
  • Simplified Investment with Valour Bitcoin Staking (BTC) SEK ETP: Valour Bitcoin Staking (BTC) SEK ETP streamlines Bitcoin investment by delegating Bitcoins to Core validators, the yield is attributed to the Net Asset Value (NAV) on a daily basis.
  • This innovative product ensures custodial control and security while offering investors substantial yield without requiring them to sell or trade their Bitcoin holdings.
  • This offering provides investors exposure to Bitcoin with a 5.65% yield on the Nordic Growth Market (NGM) exchange.
  • Valour Bitcoin Staking (BTC) SEK ETP generates yield by delegating Bitcoins to a validator on the Core Chain through non-custodial, native Bitcoin staking.

Galaxy Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, May 14, 2024

Opportunistic AUM was $3,440M as of March 31, 2024, and $2,078M as of December 31, 2023.

Key Points: 
  • Opportunistic AUM was $3,440M as of March 31, 2024, and $2,078M as of December 31, 2023.
  • AUM for quarterly close vehicles is reported as of the most recent quarter available for the applicable period.
  • Galaxy Digital Infrastructure Solutions ("GDIS") consists of proprietary and hosted bitcoin mining services, GK8 self-custody technology solutions, and blockchain infrastructure.
  • For the first quarter, Galaxy mined 373 bitcoin from our proprietary mining operations at an average marginal cost to mine of less than $19,500.

Aker ASA: First Quarter Results 2024 - Net Asset Value of NOK 60.4 billion

Retrieved on: 
Wednesday, May 8, 2024

OSLO, Norway, May 8, 2024 /PRNewswire/ -- The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK 60.4 billion at the end of the first quarter 2024, compared to NOK 63.2 billion at the end of the fourth quarter 2023.

Key Points: 
  • OSLO, Norway, May 8, 2024 /PRNewswire/ -- The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK 60.4 billion at the end of the first quarter 2024, compared to NOK 63.2 billion at the end of the fourth quarter 2023.
  • Aker experienced strong operations and high activity across the portfolio in the first quarter.
  • While navigating a complex macroeconomic and a geopolitical landscape, Aker started the year with high activity.
  • During the quarter, Aker BP continued to deliver strong production, Cognite continued its positive commercial development and both Aker Solutions and Aker BioMarine posted improved financial results for the period.

First Trust Energy Infrastructure Fund Issues Notice Regarding May 2024 Distribution

Retrieved on: 
Friday, May 3, 2024

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.

Key Points: 
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • Energy Income Partners, LLC ("EIP") serves as the Fund's investment sub-advisor and provides advisory services to a number of investment companies and partnerships for the purpose of investing in energy, utilities, and other energy infrastructure securities.

Faircourt Gold Income Corp. Announces Net Asset Value for Annual Redemption of Class A Shares

Retrieved on: 
Friday, May 3, 2024

Payment will be made in full on May 17, 2024.

Key Points: 
  • Payment will be made in full on May 17, 2024.
  • This press release is not for distribution in the United States or over United States wire services.
  • If the Units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Units of the Trust and may receive less than the current net asset value when selling them.
  • An investment fund must prepare disclosure documents that contain key information about the fund.

Oxford Park Income Fund, Inc. Provides March Net Asset Value Update

Retrieved on: 
Tuesday, April 23, 2024

GREENWICH, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Oxford Park Income Fund, Inc. (“Oxford Park”, “the Fund”, “our”) announced today the Net Asset Value (“NAV”) as of March 31, 2024 for Class A and Class I common shares outstanding, outlined below.

Key Points: 
  • GREENWICH, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Oxford Park Income Fund, Inc. (“Oxford Park”, “the Fund”, “our”) announced today the Net Asset Value (“NAV”) as of March 31, 2024 for Class A and Class I common shares outstanding, outlined below.
  • The fair value of the Fund’s portfolio investments may be materially impacted after March 31, 2024 by circumstances and events that are not yet known.
  • The financial data included in this press release has been prepared by, and is the responsibility of, Oxford Park Income Fund, Inc.'s management.
  • PricewaterhouseCoopers LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the financial data.