JPMorgan Global Emerging Markets Income (JEMI) has released its annual financial results for the year ended 31st July 2024, during which it provided an NAV total return of +6.3%, closely aligning with its benchmark, the MSCI Emerging Markets Index, which returned 6.4%. JEMI provided a share price total return of +5.4%. Longer term, JEMI has […]
Weiss Korea Opportunity Fund’s (WKOF’s) manager has told the board that it believes that “the opportunity set and strategy for the fund continuing in its current form is less attractive than it has been in the past”, including at WKOF’s launch inception in 2013, “and that it does not think this change in circumstances is […]
In QuotedData’s morning briefing 4 November 2024: Partners Group Private Equity (PEY/PEYS) saw its NAV increase by 0.5% during September to €14.24 per share, with total net assets at €984.62m. PEY says that positive value creation (0.9%) was partially offset by adverse currency movements (-0.3%). KinderCare, PEY’s fifth largest portfolio company, was the largest contributor […]
Cordiant Digital Infrastructure (CORD) has, in partnership with TINC NV (TINC) and another Cordiant-managed fund, agreed to acquire and combine Belgian data centre provider DCU Invest NV (Datacenter United, or DCU), and the data centre business of Proximus Group (the PDC Business). CORD and the other Cordiant-managed fund will acquire a 47.5% economic interest in […]
In QuotedData’s morning briefing 25 October 2024: As previously indicated, Alliance Witan (ALW) has increased its dividend following the combination of Alliance Trust and Witan Investment Trust to form Alliance Witan. ALW has declared a third interim dividend of 6.73p per share. The total of the first three interim dividends declared for 2024 is 19.97p […]
Starwood European Real Estate Finance (SWEF) says that, following new operational updates from the sponsor of its “office portfolio, Ireland” loan, SWEF’s board has evaluated various business plan scenarios, and the uncertainty related to these scenarios, and, as a consequence of this new information, combined with the challenging local office market dynamics, SWEF’s board has […]
JPMorgan Emerging EMEA Securities (JEMA) says that it received the following update from the trust’s manager on 18 October 2023: “The Russian court has granted VTB’s claim for $439m in full against eight (including JEMA) of the nine J.P. Morgan legal entities named as defendants in the original claim. The J.P. Morgan defendants have 30 […]
In QuotedData’s morning briefing 21 October 2024: Ecofin US Renewables Infrastructure (RNEW) has agreed an amendment and extension to its existing revolving credit facility (RCF) with KeyBank, one of the main lenders to the US renewable energy industry. The RCF is now due to mature in October 2025 and there is scope for the size […]
Gore Street Energy Storage (GSF) has announced that “Big Rock”, its 200MW California asset that it acquired in February 2023, has secured a resource adequacy (RA) contract with J. Aron & Company LLC, a subsidiary of Goldman Sachs. Big Rock is GSF’s largest asset and is on track to be energised by December 2024 and […]
In QuotedData’s morning briefing 18 October 2024: Harmony Energy Income Trust (HEIT) has issued a brief update on its asset sale process. As previously announced, JLL has been appointed to seek offers for some or all of the Company’s assets and HEIT now says that it “is encouraged by the level of interest and non-binding […]
