Chenavari Investment Managers, the manager of Chenavari Toro (Toro) has provided an update, on its website, on its response to the outbreak of covid-19. A link to the full article is provided below. However, we are providing some key takeaways here: Volatility and dispersion are expected to continue for some time. The manager’s “fundamental long/short […]
Foresight Solar (FSFL) has provided an update to investors on its response to the covid-19 outbreak. The takeaweays are: in FY20 there has been no operational disruption linked to covid-19; The Company has conducted a full review of all key service providers. It has confidence in the resilience of their business continuity plans. Foresight has […]
Supermarket Income REIT (SUPR) has provided an update to the market in which it: reaffirms its commitment to pay its third quarterly dividend; confirms it received 100% of the expected rent for the quarter ended March 2020; announces positive results from two rent reviews; and provides a general update in regards to the impact of […]
Following recent market turbulence, which has pushed Keystone’s gearing up, its board has announced that it has decided to amend its gearing policy “with the intention of safeguarding shareholder value as far as possible”. Under the new policy, the portfolio manager may not make net purchases at times when net borrowings exceed 15% of net […]
Tufton Oceanic Assets Limited (SHIP) has announced that it has acquired a Handysize Bulk Carrier for US$7.0m. This acquisition takes SHIP’s fleet to sixteen vessels, leaving it with approximately US$15m of cash available for investment. SHIP’s manager, Tufton Oceanic, continues to identify a pipeline of opportunities across a range of the company’s target sectors. About the […]
The Board of Strategic equity Capital (SEC) has announced that, after an extensive review of SEC’s management arrangements, it has entered into heads of terms to appoint Gresham House Asset Management Limited as the Company’s new investment manager and alternative investment fund manager. It is also the intention that the proposed joint venture between Gresham […]
In QuotedData’s morning briefing 27 March 2020: As normal life continues to be impacted by the outbreak of covid-19, we have seen a number of updates from companies detailing their responses. Strategic Equity Capital has announced that it is moving its management contract to a new joint venture between Gresham House Asset Management and Aberdeen Standard […]
DRI Healthcare PLC (DHP), a new closed end investment company that is focused on investments in healthcare royalty assets has published a prospectus in relation to an initial public offering (IPO) of shares on the premium segment of the main market of the London Stock Exchange. In summary: The company is seeking to raise $350m to invest […]
In QuotedData’s other news 12 February 2020 – Witan Investment Trust has announced that it has become a signatory of the UN supported Principles for Responsible Investment (PRI). The PRI signatories are a global network of asset managers, owners and service providers working together to put responsible investment into practice and to report publicly on their progress in […]
EPE Special Opportunities (ESO) has provided a trading update for the year ended 31 January 2020. In what was a recovery year for the private equity firm, ESO has smashed it out of the park with a return on NAV of 54.6% driven primarily by led by a significant recovery in value at Luceco Plc […]
