As highlighted in our morning briefing earlier today, Value and Indexed Property Income Trust (VIP) has formally entered the UK REIT regime as of 1 April 2025, following shareholder approval at its 20 March general meeting. The move brings a shift in tax treatment and positions the trust alongside peers in the listed property sector. […]
ICG Enterprise Trust (ICGT) has completed a secondary sale of eight mature primary fund investments, raising net proceeds of £62m. The transaction, which ICGT says attracted strong buyer interest, was completed at a 5.5% discount to the 30 September 2024 valuation and delivered a 1.6x multiple on invested capital (equivalent to a 15% IRR). The […]
Volta Finance (VTA) has announced its interim results for the six months ended 31 January 2025, which saw its NAV per share increase by 7.0% to €7.63 and the share price jump 18.3% to €6.15 over the six months to 31 January 2025. The company’s chairman, Dagmar Kershaw, noted that the rebound in the share […]
In QuotedData’s morning briefing 2 April 2025: Value and Indexed Property Income Trust (VIP) has formally entered the UK REIT regime, effective 1 April 2025. The move sees the company transition from investment trust status to that of a real estate investment trust (REIT), a change that brings with it a new tax treatment. The […]
Petershill Partners (PHLL), the listed GP-stakes platform operated by Goldman Sachs Asset Management, has published robust results for the year ended 31 December 2024. Partner distributable earnings rose by 11% to US$323m, driven by strong fee-related income, realisations at premiums to carrying value, and an active year for capital allocation. The company completed four acquisitions […]
BlackRock Latin American Investment Trust (BRLA) has reported annual results for the year ended 31 December 2024, reflecting a particularly tough year for Latin American markets. The trust’s NAV total return fell by 35.7% in US dollar terms, underperforming its MSCI EM Latin America Index benchmark, which declined 26.4% over the period. The share price […]
RTW Biotech Opportunities (RTW) has reported strong full-year results for the year ended 31 December 2024. Its NAV rose from US$399m to US$607m, marking a year of substantial portfolio growth, positive clinical milestones, and a number of key capital markets events. Despite a -4.6% NAV per share movement over the year (due to share issuance […]
3i Infrastructure (3IN) has released a pre-close trading update for the year ending 31 March 2025, reporting strong portfolio earnings momentum, successful refinancing activity, and income well ahead of expectations. The company remains on track to deliver its dividend target of 12.65p per share for its 2025 financial year, a 6.3% increase over the prior […]
SDCL Energy Efficiency Income Trust (SEIT) has published a trading update for the period from 1 September 2024 to 31 March 2025, reporting stable operational performance across its portfolio and confirming that the company remains on track to deliver its target dividend of 6.32p per share, representing a double-digit yield at current share price levels. […]
Foresight Environmental Infrastructure (FGEN) has announced a £10m increase to its ongoing share repurchase programme, taking the total maximum consideration to £30m. The original £20m programme, launched in August 2024, is now largely complete. The extension will be funded from the company’s own resources and is consistent with FGEN’s stated capital allocation policy. The buyback […]
