Nov 25, 2024, 6:34 PM
Nov 25, 2024, 6:34 PM

Arvore partners announces $687,365 distribution for October 2024

Highlights
  • Arvore Partners LP announced a monthly distribution of $687,365 for October 2024.
  • The distribution reflects an annualized yield of 9.06%, an increase of 7% from the previous month.
  • This payment underscores Arvore's commitment to its unitholders amidst ongoing strategic expansions.
Story

In Calgary, Alberta, Arvore Partners LP announced on November 25, 2024, that it has declared its monthly distribution for October 2024, amounting to $687,365. This distribution yields an annualized return of 9.06% for unitholders, reflecting a 7% increase over the previous month. The payment is set to be distributed on November 29, 2024. Arvore operates within the framework of the Omnigence Asset Management partner fund platform, which currently manages approximately $900 million across various investment sectors, including private equity and farmland. The firm is also working towards expanding its investment portfolio in casual dining, building products, environmental services, and auto maintenance sectors.

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