BeBeez Trading Floor roundup with eToro support about the performances of private capital firms listed on global exchanges.
London-listed private capital investor Pantheon International (+2.5%) benefited of the 9 March, Monday, announced buyback of 150000 ordinary shares and the further 12 March, Thursday, purchase of 150000 stocks for reducing the NAV discount strategy as the management previously said. The firm’s London-listed competitors HarbourVest (+2,4%) and Bridgepoint (+1,1%) also increased their market capitalization despite the turmoil in Hormuz strait, a vital route for global maritime trade of oil, gas and fertilisers, that impacted other international competitors.
Soaring energy costs that pushed the oil price to 120 US Dollars per barrel boost inflation and interest rates although central banks can do little for supply-side shocks. Uncertainty regarding the outlook for international economic cycles rose to the extent that some recalled comparisons the supply shocks of 1973 and 1979. However, investors in private credit may benefit from higher costs of debts.
In such a context, market participants channel their money towards safe-haven assets such as gold and stable currencies at the expense of riskier options such as private capital. Traders heavily took profits from the shares of Paris-listed Eurazeo (-8.9%) and Tikehau Capital (-10.9%) that previously attracted the investors’ money given the rigorous lending policy of its private credit unit (see here a previous post by BeBeez).
NYSE-listed private credit firm CION (-17.6%) faced overwhelming sales as it posted below expectations 2025 financials with a net loss of 0.80 US Dollars per share and a NAV at 13,76 US Dollars (-7.4%) that unrealised write-downs on some portfolio investments triggered (press release). The news that dividends would now be paid monthly raised further doubts about management’s ability to meet such a commitment.
The sector is also under watch due to the potential impact of AI on software developers that borrowed from non-banking lenders.
To follow each week’s prices of private capital stocks
listed on the world’s major stock exchanges,
check out the BeBeez Trading Floor page
and read the market commentary every Monday.
To follow stock trends in real time, open a free eToro account
