The commercialisation firm will pay its maiden dividend after achieving net portfolio gains of 22% and a 140% increase in cash realisations.
UK-based commercialisation firm IP Group published its annual financial results for the year ended December 31, 2020 yesterday, showing it swung to an annual profit.
The fair value of IP Group’s portfolio now stands at more than £1.16bn ($1.62bn), up from $1.4bn in 2019, with net portfolio gains of more than £231m ($322m), an increase of 22% year-on-year. Cash realisations surged 140% year-on-year to £191m ($266m).
The firm has made a profit of more than £185m ($257m), up from…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
