Egyptian private equity firm Citadel Capital on Monday reported a standalone second quarter net loss of $4.2 million compared with a net profit of $50,000 in the same quarter a year ago.
The company said it maintained a stable base of total assets under management of $4.1 billion quarter-on-quarter, an 8.1 percent rise year-on-year.
The figures for the period do not include $210.5 million in equity and debt fundraising for platform and portfolio companies, the company said in a statement.
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