Private Equity Holding sells portfolio to reverse losses

Private Equity Holding (PEH), the listed private equity company managed by Swiss Life Private Equity Partners, has sold part of its portfolio to a secondary buyer in an attempt to claw back heavy losses from the fund.

PEH sold the stake and future commitment in Vantage Point 4, a general venture fund, for a figure "close to its Sfr2m (€1.3m) book value", the company said.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump