JPEL

Jpel Private Equity Limited

Financial Services First-pass screen £16m

150/1000 Overall fit

AI beneficiary 35% 5

Operating leverage 25% 15

Valuation 25% 30

Downside protection 15% 15

First-pass take

Passive PE fund-of-funds with zero AI exposure; portfolio concentrated in education (10.5%) and pharma (10.8%) per counter-cyclical positioning. Leveraged £127m net debt; 27% YoY NAV decline shows cyclical vulnerability. October 2009 filing is 17 years stale.

Flags

stale-filingno-ai-exposureno-valuation-dataloss-makingnet-debtcyclicalfund-of-funds