Deutsche Beteiligungs (DBAG) achieved its FY15 financial targets during Q315, although recent market volatility and lower market valuation levels have led to full-year guidance being broadened. The high rate of new investment continued in the quarter, adding to medium-term value creation potential. Total new investment of €72m in FY15 has left financial resources at c €55m, which appears an appropriate level to maintain DBAG’s target €50m pa investment rate over the next 12 months.
