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UBS / Petershill Partners 'trading at a 40-50% discount' ahead of results, reckons UBS

Petershill Partners 'trading at a 40-50% discount' ahead of results, reckons UBS
Shares in Petershill Partners PLC (LSE:PHLL), the closed-ended private equity fund run by Goldman Sachs, are trading at a 40-50% discount to the valuation the company would warrant as an "actual private market manager", according to UBS. The main focus from investors will be on its partner fee-related earnings (FRE), where the consensus forecast is for US$105.6 million, and partner distributable earnings, at US$137.3 million. Read More
Posted: Sep 1 2023, 10:27
Author Name: Proactive Investors
Views: 112172

UBS News  

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