Electra Private Equity "has surprised" analysts by delivering a strong set of full year results, after the company faced a showdown with activist investor Edward Bramson last month.

In its full year results ended September 30 released Thursday, Electra Private Equity said its net asset value - a key indicator of portfolio value - rose by 15% over the year. The improved results were mainly led by strong performances from some of Electra's newer investments, such as B2B information services business AXIO, and caravan park operators Park Resorts and South Lakeland.