Oakley Capital investing in cPanel – Oakley Capital Investments Limited will invest in cPanel via the Oakley Funds. WebPros BV, the holding company that owns Plesk and Solus VM, and which Oakley Capital Private Equity III first invested in in April 2017 (when WebPros bought Plesk), is acquiring a majority stake in cPanel from its founder J. Nick […]
Hg Capital sells Kinapse – HgCapital Trust has announced the sale of Kinapse to Syneos Health, a leading biopharmaceutical solutions organisation. Kinapse is a market leading advisory and operational solutions provider to the global life sciences industry. The terms of the transaction were not disclosed. This transaction values the company’s investment in Kinapse at approximately GBP7.9 million. […]
Augmentum makes three new investments – Augmentum Fintech has announced an aggregate of GBP 7 million of investment in three leading European fintech companies – Tide, Previse and DueDil. GBP3 million in Tide, an emerging leader in SME challenger banking, as part of an GBP8 million funding round alongside existing investors GBP2 million investment in Previse, the global […]
Vietnam Opportunities extracts itself from chicken farm – VinaCapital Vietnam Opportunity Fund has reached an agreement with Ba Huan JSC, a Vietnamese poultry producer, to cease its investment, with all capital being returned to the fund. In February 2018, VinaCapital Vietnam Opportunity announced that it had invested USD32.5 million to acquire a significant minority stake in Ba Huan. […]
Investment Trust Insider on Syncona James Carthew: the problem with Syncona’s big premium Regular readers of this column will have realised that I often have as much of a problem with investment trusts trading on very high premiums as I do with trusts trading on very wide discounts. I explained a couple of weeks ago […]
Henderson Diversified Income produces modest NAV return – Henderson Diversified Income Trust has published results for the year ended 30 April 2018. The net asset value total return per ordinary share for the year ended 30 April 2018 was 1.8% whilst the share price total return per ordinary share was 4.4% reflecting a widening in […]
RESI becomes a Registered Provider – Residential Secure Income (ReSI), which was set up to invest in the residential asset classes that comprise the stock of UK social housing providers, has announced that itI, through its wholly owned subsidiary ReSI Housing Limited, has become the first publicly listed investment fund to become a Registered Provider with the […]
Better Capital deal lapses – Further to the announcement of 25 June 2018 about the proposed sale of Northern Aerospace (NAL), BECAP 12 GP Limited (the GP) has informed Better Capital PCC Limited that: “Permission to complete the sale was not obtained from the Competition and Markets Authority by the revised contractual deadline, despite requests […]
FastForward NAV jumps – FastForward Innovations has published results for the year ended 31 March 2018. Highlights: Net assets of GBP13,534,000 (2017: net assets of GBP10,101,000). NAV per share increased by a third from 7.60p to 10.18p. Three new investments in the year, including a significant investment in a Canadian medical cannabis business Successful sale of the […]
John Laing Environmental adds two anaerobic digestion plants – John Laing Environmental Assets has announced the acquisition of two anaerobic digestion (AD) assets, Egmere Energy Limited and Grange Farm Energy Limited, for a total consideration of c.GBP36 million. The Egmere Energy AD plant is located in Egmere, North Norfolk and was commissioned in November 2014. […]
