GSV Capital (GSVC) reported 4Q financial results with lower net investment loss over the year ago period, and 18% growth in net asset value (NAV) per share.
The publicly traded investment fund, with 49 portfolio companies including Twitter (TWTR) in its stable, said NAV per share rose to $14.91 in 4Q vs. $13.07 last year, and net investment loss amounted to $0.05 per share vs. $0.14 in the year ago period.
GSV said total investment income was $24 million in 4Q vs. $5.9 million last year, and net investment loss was $907,000 vs. $2.8 million.
GSV said it expects to be involved in more IPOs in the next 18 months from among its venture-capital backed holdings.
In afternoon trading, GSVC was down 9.62% to $11.84.