In QuotedData’s morning briefing for 5 June 2023: Digital 9 Infrastructure (DGI9) has announced a $100m green loan debt facility, and an update on the syndication of one of its invested companies. The $100m debt facility is being utilised by Verne Global Iceland, one of DGI9’s invested companies. Verne Global is a leading data centre […]
HarbourVest Global Private Equity (HVPE) has released the annual results for its financial year ending 31 January 2023. HVPE reported a 12 month NAV total return of -1.2%, compared to the -7.3% return of the FTSE All-World Index. HVPE’s positive returns from infrastructure and real assets, credit, and small to mid-cap buyouts were more than […]
North Atlantic Smaller Companies (NAS) has announced its 12 month results for the financial year ending 31 January 2023: Over the 12 month period NAS generated a NAV total return of -11.8%, and a share price return of -9.9%. The investment team attributes this negative return to the difficulty of markets, which was “one of […]
In QuotedData’s morning briefing for 15 May 2023: Chrysalis (CHRY) has announced a £12.5m follow-on investment in its existing holding in Smart Pension. This investment forms part of a $95 million Series E funding round. This funding round will be used to drive Smart Pension’s growth in key markets, finance a pipeline of acquisitions, and […]
US Solar Fund (USF) has provided an update on its strategic review, which it undertook in October 2022 to maximise shareholder value. USF currently trades on a 16.5% discount, and has traded on a sustained, downward trending, discount since the start of 2022. The board has so far rejected an offer for the purchase of […]
The board of NextEnergy Solar Fund (NESF) has approved a dividend target of 8.35p, representing an 11% increase from the previous year’s dividend of 7.52p. This will represent NESF’s 10th consecutive dividend increase, with NESF paying a total of £305.8m in dividends since its IPO, or 55.72p per share, fulfilling its progressive dividend objective. NESF […]
Fortune favours the brave, or so they say, and, as it turns out, so do the markets. One of the most important factors in investing is simply being first to bat, as by the time your turn comes, the game could be already over. Putting aside the metaphors, there is a distinct possibility that we […]
ThomasLloyd Energy Impact Trust (TLEI) has just announced a temporary suspension to the listing of its ordinary shares, halting its trading. While preparing its annual results the trust was made aware of material uncertainty in the fair value of its investment in SolarArise, a Delhi-based renewable energy platform . The issue relates to a 200MW […]
Baker Steel Resources Trust (BSRT) has released its annual results for the financial year ending 31 December 2022. Over the 12 month period BSRT reported a NAV total return of -19.3%, compared to the 10.2% increase in the EMIX Global Mining Index. BSRT’s underperformance was attributed to a series of investment-specific factors, primarily due to […]
In QuotedData’s morning briefing for 24 April 2023: SEED Innovations (SEED) has announced the conversion of £600,000 Convertible Loan Notes (“CLNs”) in Northern Leaf, a Jersey based medical cannabis cultivator, following its successful £3 million pre-IPO fundraise. The CLNs were converted into 1,236,331 preference shares in Northern Leaf, representing 2.2% of the enlarged equity of […]
