NAVPS on 30 June was SEK 83.50, +0.3% q-o-q. The total shareholder return was -2% as the discount to NAV increased slightly. The direct investments, which were strong in Q1, saw declines in Q2, with Awilco Drilling -75%, Scout Gaming Group -12%, Keurig Dr Pepper -5%, and Krispy Kreme Doughnuts -11%. Private equity fund investments currently comprise 68% of NAV (82% including commitments), with direct investments at 8%, and net cash at 24%.
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