We are in the midst of a flurry of new listings for Public Venture Capital (“PVC”) funds.
We have a small cap PVC on the Bulgarian Stock Exchange (Eleven Capital) and we have experienced similar trend of initial premium compressing to a discount around 20%. But we have always claimed and have been focused on NAV growth.
We have a small cap PVC on the Bulgarian Stock Exchange (Eleven Capital) and we have experienced similar trend of initial premium compressing to a discount around 20%. But we have always claimed and have been focused on NAV growth.