In QuotedData’s other news 8 October 2019 –
- Yesterday evening, Ruffer announced that effective 31 October 2019, Steve Russell is stepping down as one of the fund managers. Hamish Baillie and Duncan MacInnes will continue to manage the portfolio. Steve has been with the company since 2004 and will remain part of the the wider investment process at Ruffer.
- Partners Group, the investment advisor to Princess Private Equity, has agreed the sale of Vermaat Groep, the Dutch market leader in high-end catering and hospitality services, to Bridgepoint, an international private equity group. Princess will fully-realise its investment in Vermaat and will receive estimated proceeds of EUR 17.8 million. This compares to a carrying value of EUR 14.0 million at 31 August 2019.
This morning, we also had annual results from CQS New City High Yield, a pre-results update from SQN Secured Income and a refinancing by Schroder Real Estate.
It was a relatively quiet day of ‘other news’ yesterday. We published the following news stories yesterday:
- Another set of solid annual results from Henderson Euro Trust
- More challenges for Jupiter UK Growth
- A tough environment for Macau Property Opportunities
- And finally, a £96m sale from the student housing specialist Unite Group