Pinetree Capital Ltd (PNP) NPV

Pinetree Capital Ltd. is a value-oriented investment and merchant banking company focused on the technology sector. It invests primarily in equity, as well as debt and convertible securities. The Company typically holds 8-12 investments, resulting in equity positions between 7% and 12% of assets (though its positions may at times reach or exceed 20%). The Company invests in businesses that meet one or both criteria: providers of mission-critical software and services in niche markets, typically with established intellectual property. Additionally, it targets management teams with experience in operations and capital allocation.