Tetragon NAV Flat at Year-End, Reports 19.6% Annual Return

Tetragon NAV Holds Steady, Full-Year Return Hits 19.6%

Tetragon Financial Group Ltd announced its diluted Net Asset Value (NAV) per share stood at $41.88 as of December 31, 2025. This reflects a marginal 0.1% increase for the month, while the investment company achieved a strong NAV total return of 19.6% for the full year.

Portfolio Performance Overview

The stable year-end NAV resulted from several offsetting movements within the portfolio. The company experienced write-downs on its LCM and Ripple holdings. However, these were counterbalanced by a small write-up to Equitix and continued strong performance from Hawke’s Point Fund 1, driven by its mining positions.

Key Portfolio Dynamics

Gains from an undisclosed public U.S. equity, which is among the top ten holdings, also contributed positively. Notably, the Tetragon Life Science Fund entered the top ten holdings for the first time. This inclusion likely stems from robust performance in the biotech sector during December.

Summary

While the monthly NAV change was minimal, Tetragon's portfolio saw significant internal rebalancing. Strong gains in specific funds and equities offset valuation decreases in other areas, culminating in a successful annual return of 19.6%. Future performance will depend on the continued success of its key holdings in mining and life sciences.

FAQ

Q: What was Tetragon's NAV total return for 2025?
A: Tetragon Financial Group reported a NAV total return of 19.6% for the full year 2025.

Q: Which holdings influenced the year-end NAV?
A: The NAV was affected by write-downs in LCM and Ripple, offset by a write-up in Equitix and strong performance from Hawke’s Point Fund 1 and an undisclosed U.S. public equity.

Source: Investing.com