Is Private Equity - Continuing to add value
Sep 11th 2012 - Edison Investment Research today published a report on Is Private Equity entitled "Continuing To Add Value". In summary, the report says:
Is Private Equity (ISGSY) has recorded its strongest-ever set of first half results mainly due to its profitable exit of ODE Yalitim in March. It also agreed to sell one more investment in August and is in final discussions to make a new investment. Since its inception in 2000, ISGSY has made 13 investments and completed eight profitable exits (one investment and one exit are yet to be finalised) as of August 2012. The company reports that these eight exits have achieved an average IRR of c 23% (on a US-dollar basis) and an average cash exit multiple of 1.9x. Well-timed exits continue to bolster ISGSY’s already strong balance sheet, providing ISGSY with ample cash to capitalise on investment opportunities....
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
