JPMorgan Private Equity has announced its interim results for the six-months ended 31 December 2015, a period which the company describes as being ‘notable’. Specifically, proposals were announced to move the management contract to an affiliate of Fortress Investment Group LLC (this transaction was completed after the period-end on 11 March 2016.) The company also […]
Capital Gearing Trust has announced that, to meet the recent and continuing demand for its shares, its Board of Directors is now seeking an early renewal of its authority to issue further ordinary shares, for cash, on a non pre-emptive basis. Reflecting this, the trust has published a circular convening a general meeting to be […]
Mithras has announced that, following what it describes as, “a strong start to 2016 in terms of exit proceeds received”, that it is currently preparing for its fifth tender offer. The trust says that this is expected to be for no less than £9.0m and should be completed, including obtaining approvals and receiving tender offer […]
HgCapital, the manager of HgCapital Trust has announced that it has made a majority investment in Raet, a HR solutions provider that specilises in HR cloud software and services. The terms of this transaction have not been disclosed. HgCapital Trust will invest in Raet alongside other institutional clients of HgCapital, who will participate through the […]
Tritax Big Box REIT has announced that it has acquired Brake Brothers distribution centre at Portbury Way, Portbury, in Bristol for £25.2m, which reflects a net initial yield of 5.15%. The company says that the purchase has been funded out of equity proceeds, with senior debt finance expected to be introduced in the near term. […]
JPMorgan US Smaller Companies has announced its final results for the year ended 31 December 2015. During the period, the company’s NAV increased by 4.0%, which the company says reflects both good stock selection and a rise in the US dollar against sterling. The Company’s share price rose by 6.8% over the year as the […]
Dunedin Enterprise has announces its annual results for the year ended 31 December 2015. During the year the companies NAV total return was flat whilst it share price fell 7.5%; both underperforming the FTSE Small Cap Ex-Investment Trusts Index, which returned 13.0%. At the end of February, the trust announced that, following consultation with the […]
Atlantis Japan Growth Fund has announced that, on 17 March 2016, it received from LIM Asia Multi-Strategy Fund Inc. (a registered holder of more than 10% of the issued share capital), a requisition to convene a general meeting of the company. The company says that the purpose of the requisitioned meeting is to consider a […]
Funding Circle SME Income Fund has announced that, further to the statement made in the its prospectus relating to a possible participation in a financing project with the European Investment Bank, negotiations have reached an advance stage and they say they are working towards a completion of such an arrangement in the second quarter of […]
JPMorgan Global Convertible Income Fund has released its interim results for the half-year ended 31 December 2015. During the period, the company’s NAV total return was -3.4% and the share price total return was -7.8%. The company says that whilst NAV performance was stronger than the broader convertibles market, the concurrence of declines in equity […]
