IDI enjoyed another active quarter. Although the NAV has fallen slightly qoq (-0.9%) since June 30, 2023 (note that only the liquid assets and listed securities were revalued), it has nevertheless risen by 11.4% YTD for the first 9 months of 2023, reflecting the strength of IDI’s business model. 2023 is proving to be a banner year for IDI, which has completed a number of structuring transactions, including the creation of a third-party asset management business via iIdiCo, and the sale of Flex C ....
28 Nov 2023
Ending Q3 with firepower at its peak
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Ending Q3 with firepower at its peak
- Published:
28 Nov 2023 -
Author:
Saïma HUSSAIN -
Pages:
3
IDI enjoyed another active quarter. Although the NAV has fallen slightly qoq (-0.9%) since June 30, 2023 (note that only the liquid assets and listed securities were revalued), it has nevertheless risen by 11.4% YTD for the first 9 months of 2023, reflecting the strength of IDI’s business model. 2023 is proving to be a banner year for IDI, which has completed a number of structuring transactions, including the creation of a third-party asset management business via iIdiCo, and the sale of Flex C ....