A brave WhiteOak Capital Management is trying to prop up the entire UK investment company IPO market almost single handed (although we are still waiting for the result of the AT85 Infrastructure IPO). The team behind Ashoka India Equity is looking to be the first to bring an investment company to market in over 18 […]
Schroder UK Public Private Trust (SUPP) has reported annual results for its financial year ending 31 December 2022. SUPP has reported a NAV total return of -40.7% and a share price return of -53.3%. SUPP’s negative returns were driven predominantly by its largest holding, Oxford Nanopore, whose share price fell by 64.6%, having IPOed earlier […]
In QuotedData’s morning briefing for 17 April 2023: RTW Venture Fund (RTW) has announced that its largest holding, Prometheus Biosciences (equal to c14.8% of RTW’s NAV) has been acquired by Merck for $200 per share, a 75% premium to its prior closing price. This would value Prometheus at c.$10.8bn. Prometheus is a clinical-stage biotechnology company […]
Martin Currie Global Portfolio (MNP) has recently released its annual results, for the financial year ending 31 January 2023. Over the 12 month period MNP reported a NAV total return of -8.8%, compared to the 0.3% return of its benchmark index, the MSCI ACWI. MNP also reported a share price total return of -9.3%. MNP’s […]
Impax Environmental Markets (IEM) has announced its annual results for the year ending 31 December 2022. Over the period IEM reported a NAV total return of -15.0%, and a share price total return of -22.8%. This represents an underperformance relative to IEM’s global equity comparator index, the MSCI ACWI, which generated -8.1%. IEM did outperform […]
Downing Renewables & Infrastructure Trust plc (DORE) has announced its annual results for the financial year ending 31 December 2022. DORE reported a NAV total return of 19.5% over the year, and a NAV growth of 15.5% (i.e. the underlying portfolio). DORE reported a share price total return of 21.1% over the same period. DORE […]
In QuotedData’s morning briefing 3 April 2023: Greencoat UK Wind (UKW) has announced the purchase of Dalquhandy wind farm from BayWa r.e. for approximately £50m. Dalquhandy is a 42MW wind farm located near Coalburn in South Lanarkshire. The wind farm benefits from a 10 year fixed price PPA with BT for 80% of its output. […]
US Solar Fund (USF) has announced its annual results for the financial year ending 31 December 2022. Over the 12 month period USF’s portfolio grew to 543MWDC. USF’s NAV fell slightly from its half-year level, falling from the $321.2m it reported in June to $320.0m. USF’s portfolio actually increased in value over the year, however […]
In QuotedData’s morning briefing for 27 March 2023: The Renewables Infrastructure Group (TRIG) has entered into a corporate Power Purchase Agreement with BT Group for Blary Hill onshore wind farm. Pricing has been agreed for the duration of the 10-year PPA on pay-as-produced terms. Located in Scotland, the windfarm has a 35MW capacity, consists of […]
LMS Capital (LMS) has released its final results for its financial year ending 31 December 2022. Over the year LMS reported an NAV decrease of -3.9%, or £1.9m. LMS’s portfolio was however flat over the year, as an increase in value of £2.2m on its new energy investment, Dacian Petroleum, was offset by an equal […]
