Strong Better Capital figures draw mixed response

Analysts disagree on whether Jon Moulton's investment vehicle should be the only listed private equity firm trading at a premium to NAV

Analysts were this morning divided on their outlook for Jon Moulton’s turnaround investment firm, Better Capital, which unveiled a strong set of results in its first interim figures today.

The firm is the UK's only pure private equity firm to be trading at a premium to its net asset value, a key measure of value, according to analysts, and the interim financial report for the period ended September 30 showed the firm had raised £210m and invested £57.5m on four acquisitions.

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