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Evening Standard
Evening Standard
Business
Simon Hunt

London venture capital firm Triple Point hit by tech slump

London

Triple Point today became the latest private equity firm to lament a downturn in tech valuations after it reported a slump in the value of shareholder assets.

The London-based company’s listed tech investment fund, Triple Point VCT 2011, saw its net asset value per share slump just over 10% to 102p in the year to the end of February, while total return per share fell 7% to 111p.

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