Recent deals have helped boost returns at Electra Private Equity, but questions remain over the firm’s future following a meeting between its chairman and activist investor Edward Bramson.

The London-based firm said in its interim statement released on Thursday that its net asset value per share rose 12% to 3,548 pence in the six-month period to March 31, 2015. Its investments generated a return of £211 million on the opening portfolio of £1.27 billion, a gain of 17%.