AP Alternative Assets, L.P.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
- Registration date 15 aug 2007 - 23:06
- Statutory name AP Alternative Assets, L.P.
- Title AP Alternative Assets releases its financial results relating to the three and six months ended June 30, 2007
- Comments AP Alternative Assets releases its financial results relating to the three and six months ended June 30, 2007 Guernsey, Channel Islands, August 15, 2007 AP Alternative Assets, L.P. (Euronext Amsterdam: AAA) today released its financial results for the three and six months ended June 30, 2007, after closing of trading on Euronext Amsterdam N.V.’s Eurolist by Euronext. AAA invests its capital through, and is the sole limited partner of, AAA Investments, L.P., which is referred to as the Investment Partnership. At June 30, 2007, the Investment Partnership’s investment portfolio was allocated to private equity and capital markets investments as follows: 32% in co-investments alongside Apollo Investment Fund VI, L.P. (“Apollo Investment Fund VI”); 38% in the Apollo Strategic Value Offshore Fund, Ltd. (“Apollo Strategic Value Fund”); 22% in AP Investment Europe Limited (“Apollo Investment Europe”); and 8% in Apollo Asia Opportunity Offshore Fund, Ltd. (“Apollo Asia Opportunity Fund”). Results of Operations As of June 30, 2007, the net asset value of AAA approximated $2,068 million, or $21.41 per common unit. This compares to $2,005 million, or $20.77 per common unit, as of March 31, 2007, and $1,917 million or $19.86 per common unit as of December 31, 2006. Operating results for AAA for the three and six months ended June 30, 2007, were highlighted by the following: • Net unrealized appreciation of AAA’s limited partner interests in the Investment Partnership was $65.1 million and $139.8 million, respectively, resulting from the increase in net assets of the Investment Partnership. This increase in net assets was primarily driven by the net underlying increase in the unrealized value of investments held by the Investment Partnership. • Investment income was $17.8 million and $33.5 million, respectively, which represented interest income from cash management activities, dividend income from portfolio investments and realized gains from sales.
Date last update: 12 August 2020