- TGV Partners operates as a private investment firm. The cornerstone of our strategy is to partner with professional management teams who are aligned with us as equity owners in their.
- The performance of the TGV intrinsic in the first six months of 2021 after all fees was +10.2%. As a result, the NAV as June 30, 2021, was €150.67. The DAX achieved a return of 13.2% in the first half of 2021.
- Due to COVID - 19 pandemic, the investment thesis has shifted somewhat into the future and is subject to greater uncertainty.
- In my opinion, the Co.'s existing core business is still significantly undervalued, which is why I did not given a sell recommendation for the current position.
For further details see:
TGV Partners Fund H1 2021 Investor Letter