PLTR - SuRo Capital NAV grows 22% in Q4 helped by Palantir investment

SuRo Capital  (SSSS) net asset value per share grew 22% in Q4, helped by the strong performance of Palantir in the public market.Q4 net investment loss of 21 cents per share widened from a loss of 14 cents in the year-ago quarter.Net assets per share of $15.14 at Dec. 31, 2020, including dividends totaling 47 cents, increased from $12.46 at Sept. 30."As of year-end 2020, SuRo Capital reported its highest dividend-adjusted net asset value per share since September 2015, driven by positive developments in our portfolio, including the strong performance of Palantir (PLTR) in the public market," said President and CEO Mark Klein.After the quarter's end, Coursera, the company's second-largest position at 2020-end, filed for its IPO.Klein also said the company is also broadening its focus into private credit and pre-SPAC merger PIPEs (private investment in public equity). "We continue to have active dialogue with sponsors and investment banks to

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SuRo Capital NAV grows 22% in Q4, helped by Palantir investment