Round Hill Music proceeds with pipeline purchase – in Round Hill Music Royalty Fund’s prospectus, it identified a portfolio of catalogues – the Pipeline Investments. These comprise the existing assets of Round Hill Fund One, a private fund whose investments are managed by Round Hill. The Pipeline Investments were independently valued with an aggregate valuation of […]
In QuotedData’s morning briefing 2 February 2021: BlackRock World Mining has revalued its investment in OZ Minerals Brazilian Royalty from $23.6m to $30.1m, adding 2.7p to its NAV. BlackRock Throgmorton Trust has appointed Merryn Somerset Webb as a non-executive director with effect from 24 March 2021. Merryn is the editor-in-chief of MoneyWeek, the UK personal finance magazine […]
Discounts sometimes do weird and wonderful things but one odd situation at the moment is a 6%+ discount on Polar Capital Technology Trust (PCT). An investment in this fund 12 months ago would have made you over 40% on your money. When we published our last note on the trust (in December), it was comfortably […]
Foresight Solar wants battery access – Foresight Solar Fund Limited plan to ask shareholders to approve a change to the company’s investment policy, to allow for up to 10% of the gross asset value (at the time of investment) to be invested into utility scale battery storage system opportunities. The majority of these are currently intended to […]
Riverstone backs Freewire – Riverstone Energy has agreed to invest $10m in FreeWire Technologies, Inc., a leading provider of battery-integrated DC fast chargers (DCFCs) and their associated software. Another Riverstone fund also participated in the transaction, also investing $10 million for a total investment of $20 million from Riverstone affiliated investment vehicles. Based in the San […]
Apax sells Signavio – Apax Global Alpha says that the Apax Digital Fund, which Apax Global Alpha is a limited partner in, has agreed to sell Signavio, a leading provider of business transformation solutions, to SAP. The transaction values Apax Global Alpha’s look through investment in Signavio at approximately €8.7m. This represents an uplift of about 80% […]
In QuotedData’s morning briefing 28 January 2021: VH Global Sustainable Energy Opportunities raised £242.6m from its IPO. Dealings in the ordinary shares will commence at 8.00 a.m. on 2 February 2021. CATCo Reinsurance Opportunities says its unaudited NAVs for the ordinary shares and C shares were $0.2828 and $0.5071 respectively, as at the close of business on […]
Another impressive set of results from Standard Life Private Equity – Standard Life Private Equity (SLPE) has announced results for the year ended 30 September 2020. Over the period the trust produced an NAV total return of 11.7%. This compares to a return of -16.6% from the All-Share Index. The total shareholder return was -4.6%. [Here is […]
Oakley Capital makes Idealista purchase – Oakley Capital says its Oakley Capital Fund IV has agreed to make a minority investment in idealista, a leading online real estate classifieds platform in southern Europe (Spain, Italy, and Portugal). Fund IV will invest €175m alongside the management team of idealista and EQT, who will remain the majority shareholders […]
In QuotedData’s morning briefing 26 January 2021: Apax Global Alpha is investing €20m (indirectly, through its investment in Apax X Fund) in PIB Group, a leading independent specialist insurance intermediary launched in 2015. PIB is a highly diversified insurance distribution consolidator focusing on specialist commercial lines and non-standard personal lines products with deep expertise across both direct […]
