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QuotedData’s morning briefing 7 August 2024 – APAX, CORD, JAM, CLI

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In QuotedData’s morning briefing 7 August 2024:

  • Apax Global Alpha Limited (APAX), announced that it expects to invest approximately €2.5m in greytHR on a look-through basis, a leading full suite human resource management software platform in India. The transaction is due to close in Q3 2024, subject to customary closing conditions.
  • Cordiant Digital Infrastructure Limited (CORD), the operationally focused, specialist digital infrastructure investor, announced a long-term refinancing of senior credit facilities at its portfolio company, České Radiokomunikace a.s., with a syndicate of leading international and local banks, securing CZK 5.0bn (c. £167m equivalent) of senior financing, maturing in August 2030. The new facilities include a term loan of CZK 3.9bn (£130m) and undrawn revolving credit facilities of CZK 1.1bn (£37m).
  • Following the announcement that JPMorgan American (JAM) portfolio manager Jonathan Simon will retire early in 2025, the company has announced that Jack Caffrey will work alongside Jonathan on the value stocks in the large cap portfolio and Eric Ghernati will work alongside Felise Agranoff on the growth stocks in the large cap portfolio.
  • CLS Holdings (CLI) has let 12,052 sq ft of office space at Artesian, 9 Prescot Street in London, to Médecins Sans Frontières (UK) on a 10-year lease. It is anticipated the lease will commence in December 2024 following the completion of fitting out works to be undertaken by CLI.

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