Effective January 1, 2024, Katalysen Ventures ("Katalysen") has embraced an enhanced approach to portfolio valuations, aligning itself with esteemed peers such as Almi, Bonit Capital, byWit, and Navigare Ventures by collaborating with the professional third-party asset valuation firm, Leonh. All forthcoming portfolio valuations will adhere to this upgraded methodology, utilizing Leonh's expertise and databases to achieve a more precise estimation of the fair value of Katalysen’s portfolio assets. Preliminary estimates of the portfolio's total value using this updated valuation approach were concluded on the 23rd of January, and indicate significant differences in the valuation of individual holdings, but an insignificant difference in the portfolio's total value compared to last communicated (2023-12-06: 171.5 MSEK). Key changes to the valuation approach are outlined below.
Commencing January 1, 2024, the following adjustments are being instituted in Katalysen's portfolio valuation approach:
Katalysen Ventures is committed to adopting current best practices in valuing early-stage private capital investments, aligning with the International Private Equity and Venture Capital Valuation (IPEV) Guidelines. Key valuation principles can be summarized as follows:
For further information on the IPEV Guidelines, please visit www.privateequityvaluation.com.