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AP Alternative Assets, L.P.

AP Alternative Assets, L.P.

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Publicatie datum 11 mei 2010 - 03:09
Statutaire naam AP Alternative Assets, L.P.
Titel AP Alternative Assets Releases its Financial Results for the Quarter Ended March 31, 2010
Bericht Guernsey, Channel Islands, May 11, 2010: AP Alternative Assets, L.P. (“AAA”, Euronext Amsterdam: AAA) today released its financial results for the quarter ended March 31, 2010. AAA invests its capital through, and is the sole limited partner of, AAA Investments, L.P., which is referred to as the “Investment Partnership”. Overview: Operating results for AAA for the quarter ended March 31, 2010 included the following: • Net asset value at March 31, 2010 was $1,436.8 million, or $14.81 per unit, representing an increase of $112.2 million, or $1.16 per unit, during the quarter. Operating results for the Investment Partnership for the quarter ended March 31, 2010 included the following: • The net change in unrealized valuation on investments for the three months ended March 31, 2010 was a positive impact of $112.9 million. • The Investment Partnership had $479.7 million in cash and cash equivalents at March 31, 2010, and $457.0 million in cash and cash equivalents as of May 7, 2010. • In connection with its ongoing deleveraging strategy, during the quarter ended March 31, 2010, the Investment Partnership permanently reduced its revolving credit facility by $37.5 million to $612.5 million. For more information, see the complete release which is attached.

Datum laatste update: 01 september 2024