In QuotedData’s morning briefing 18 March 2024:

• JPEL Private Equity (JPEL) has released its 31 December NAV, along with its semi annual report. Its NAV per share declined from $1.63 to $1.50, giving it a total NAV of $21.6m. The decline in NAV is primarily due to mark to market adjustments in JPEL’s investment in Blue River Capital I and Genuine Idea Investments as well as the completion of JPEL’s 12th mandatory redemption, which returned $6m to shareholders.
• Witan Investment Trust (WTAN) has announced that its CEO, Andrew Bell, intends to retire in the coming year. WTAN’s board has used this an an opportunity to conduct a review of Witan’s investment management arrangements while also beginning the search for his replacement.