PGPE Ltd publishes July NAV

(LSE: PEYS/PEY)

Partners Group Private Equity Limited

PGPE Ltd publishes July NAV

·    NAV decreased by 0.7% to EUR 14.28 per share; total net assets at EUR 987.40 million

·    Revaluations (-0.4%, of which -0.2% was due to the movement in the listed share price of Galderma), and currency movements (-0.4%) detracted from NAV

·    PGPE Ltd invested EUR 2.2 million and received distributions of EUR 1.7 million

In July, the net asset value of PGPE Ltd decreased by 0.7%. The performance was partly driven by Galderma, a Switzerland-headquartered pharmaceutical company specializing in dermatological treatments and skin care products. The company is listed on the SIX Swiss Exchange and its share price saw a decline at the end of the month as a result of market compression. Nevertheless, the share price has since increased with the company announcing in August that it has signed a memorandum of understanding with L'Oréal to work towards a new research and development (R&D) collaboration. This would take the form of a scientific partnership focused on complementary research projects which could develop advanced, future-proof technologies with direct applications in the field of dermatology.

After the month's end, the Company held its semi-annual webcast to update investors on the recent developments of the portfolio. The recording is available under the following link.

Further information is available in the monthly report, which can be accessed via: https://www.partnersgroupprivateequitylimited.com/en/investor-relations/financial-reports/

Ends.

About Partners Group Private Equity Limited

PGPE Ltd (formerly Princess Private Equity Holding Limited) is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. PGPE Ltd is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 149 billion in investment programs under management in private markets, of which USD 76 billion is in private equity. PGPE Ltd aims to provide shareholders with long-term capital growth and an attractive dividend yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).

Contacts

Partners Group Private Equity Limited:

[email protected]

www.partnersgroupprivateequitylimited.com

Registered Number: 35241   LEI: 54930038LU8RDPFFVJ57

Notes:

1.     Note that references in this announcement to Partners Group Private Equity Limited have been abbreviated to "PGPE Ltd" or "Company". References to Partners Group AG have been abbreviated to "Partners Group" or "Investment Manager".

2.     This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Partners Group Private Equity Limited. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

3.     This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of PGPE Ltd' website nor the contents of any website accessible from hyperlinks on PGPE Ltd' website (or any other website) is incorporated into, or forms part of, this announcement.