7. Other non-current financial assets – Other investments

Details are as follows:

€ million 
3/31/2013 12/31/2012 Change
Investments measured at fair value      
- The Black Ant Value Fund 326,4 323,3 3,1
- Perella Weinberg funds 87,7 83,2 4,5
- Immobiliare RHO Fund 11,7 11,8 (0,1)
- Other 20,1 16,9 3,2
  445,9 435,2 10,7
Investments measured at amortized cost      
- Other bonds held to maturity 109,1 109,2 (0,1)
       
Total 555,0 544,4 10,6

As established in the agreements and taking into account the positive performance of The Black Ant Value Fund in 2012, in the first quarter of 2013, a reimbursement was made for 150,000 shares for an equivalent amount of €16.2 million, with a gain of €1.2 million. This amount was partially offset by the positive fair value adjustment of €19.3 million (with recognition in equity).

The net increase in the Perella Weinberg Funds,equal to €4.5 million, was due to the positive fair value adjustment of €4 million (with recognition in equity), to the investments made in NoCo B in the quarter of €0.8 million, partially offset by reimbursements of €0.3 million.

At March 31, 2013 the remaining investment commitments in NoCo B L.P. and in the Perella Weinberg Real Estate I Fund amount, respectively, to $13.8 million (€10.8 million) and €2.9 million.

Commercial Register No.64236277 Legal notes | Credits