In QuotedData’s morning briefing 29 December 2021: Round Hill Music Royalty Fund (RHM) has acquired a significant share of the publishing rights of Niko Moon, the American country singer/songwriter (pictured). The catalogue comprises 29 compositions, including songs performed by Zac Brown Band, Avicii, and Sir Rosevelt, and includes the number one Zac Brown Band hits […]
Each week, our analysts use the ‘QD view’ articles to highlight interesting developments within the investment companies and real estate sectors. Reading back through the views of 2021, there are some constants – the pandemic, renewable energy, and the extraordinary diversity of new issues for example – but you can also trace the emergence of […]
In QuotedData’s morning briefing 24 December 2021: Octopus Renewables Infrastructure Trust (ORIT) has completed its purchase of two onshore wind farms in Finland for about €140m. The Saunamaa and Suolakangas wind farms have a combined installed capacity of 71.4MW, and are in the final stages of commissioning, but the risks associated with the residual construction […]
Impact Healthcare buys three care homes – Impact Healthcare REIT is buying three care homes. One deal has completed and it has exchanged contracts to acquire two further properties. All of these are leased to existing tenants of the REIT. The purchase price is £14.3m (plus transaction costs). The deal adds three care homes with a […]
International Public Partnerships buys UK PPP portfolio – International Public Partnerships is buying a small portfolio of UK PPP (public/private partnership) investments comprising initially interests in Townlands Community Hospital in Henley, Eltham Community Hospital and minority interests in the Building Schools for the Future (BSF) projects STaG 1 and 2. The seller is an affiliate of […]
Third Point chairman steps down – “impossible to continue” This morning, the board of Third Point Investors announced that its chairman, Steve Bates, was leaving the board. The company issued the following statement: “The Board of Third Point Investors Ltd (“TPIL” or the “Company”) announces with regret that the Chairman, Mr Steve Bates, has determined […]
Odyssean makes approach to Strategic Equity Capital – Odyssean has this morning made the following announcement: “The board of Odyssean Investment Trust plc (“OIT”) announces that it has made a proposal to the Board of Strategic Equity Capital plc (“SEC”) regarding a combination of SEC and OIT to be effected by way of a section […]
In QuotedData’s morning briefing 23 December 2021: GCP Asset Backed Income (GABI) has been having issues with its loan to the Co-Living Group (which is currently in administration). An acquisition vehicle was established as planned and two of six agreed assets were transferred across to this vehicle. These two assets have subsequently been sold. Of […]
Schroder UK Public Private loans money to Rutherford Health – Schroder UK Public Private Trust has committed £3m towards an £8m bridge loan being provided to Rutherford Health by its shareholders. In addition, LF Equity Income Fund has committed to provide a convertible loan facility of £2m. The loan will accrue interest at the rate […]
Syncona’s Anaveon secures Series B financing – Syncona has committed CHF35m (£29m) to Anaveon AG as part of a CHF110m (£90m) Series B financing round. Syncona was a cornerstone investor. The financing round was led by Forbion and supported by a leading international syndicate of specialist investors, including existing investor Novartis Venture Fund and new investors […]
