In QuotedData’s morning briefing 1 March 2022:
- ICG Enterprise Trust is investing about £13m in Newton Industrial Consultants. The investment is being led by ICG Europe Mid-Market Fund I. ICGT will invest as a limited partner in the fund and also through a direct investment. Newton is a market-leading and fast-growing consulting firm, with a particular focus on generating operational improvement for its clients. The company serves the world’s leading semiconductor chip makers and equipment manufacturers. Headquartered in Oxfordshire, Newton services a wide variety of leading corporations and employs over 400 people.
- Schroder REIT (SREI) has increased its dividend back to pre-pandemic levels after announcing a 7.0% uplift in NAV for the quarter to 31 December 2021 to 70.4p per share. The group declared a dividend for the period of 0.772p per share, an uplift of 6.3% on the previous quarter. Fund manager Nick Montgomery says the performance is “testament to the speed of recovery of the market” and the group’s high weighting to “growth sub-sector” such as industrial.
we also have results from RIT Capital Partners