PRS REIT (PRSR) has announced that it has received a letter dated 29 August 2024 from Harwood Capital Management Limited, Waverton Investment Management Limited, CCLA Investment Management Limited, Alder Investment Management Limited and CG Asset Management Limited (shareholders of PRSR that hold, in aggregate, 94,025,149 ordinary shares representing c.17.3% of issued share capital), requesting the […]
Chelverton UK Dividend Trust (SDV) has announced its annual results for the year to 30 April 2024, during which it provided an NAV total return of 1.72% in a period that its manager says was a continuation of the difficult environment for UK small & midcaps. The manager says that, despite the combined headwinds of […]
Murray Income (MUT) has announced that it has agreed a reduced and simplified investment management fee with its manager, abrdn Fund Managers Limited. With effect from 1 July 2024, the annual investment management fee is calculated as 0.35% of the company’s net assets up to £1.1bn and 0.25% of any net assets above £1.1bn. Previously, […]
In QuotedData’s morning briefing 30 August 2024: Artemis Alpha (ATS) has announced that it is today writing down its holding in Reaction Engines Limited by 75%. This is in addition to a write-down of 25% compared to the 30 April 2024 year-end valuation made on 19 July 2024. ATS says that, following these write downs, […]
In its annual report released on 30 April 2024, Life Settlement Assets (LSAA) reported that it had acquired the policies held by the Mutual Benefit Keep Trust (MBC) and that, at the time of the annual report, the US Courts had approved the transaction, and LSAA had paid the purchase price for the policies. LSAA […]
Apax Global Alpha (AGA) has announced that it expects to invest approximately €29m in Veriforce on a look-through basis as the Apax XI Fund, in which AGA is a limited partner, has announced that it has reached a definitive agreement to acquire a controlling stake in Veriforce, a global provider of supply chain risk management […]
In QuotedData’s morning briefing 29 August 2024: CT Private Equity (CTPE) has published its interim results for the six months ended 30 June 2024, during which it provided NAV and share price total returns of 0.8% and -4.5% respectively. CTPE says that it benefited from strong realisations and associated income in the period of £52.3m, […]
In QuotedData’s morning briefing 5 August 2024: Dunedin Enterprise (DNE) has announced that Dunedin Buyout Fund III LP has entered into a legally binding agreement for the realisation of its investment in EV, a provider of high-performance video cameras and quantitative visual analytics to the global energy industry. The investment in EV was valued, net […]
HgCapital Trust (HGT) has announced that its manager, Hg, has made an investment in CTAIMA and e-coordina. HGT will invest approximately £11.5m in the deal, alongside other institutional clients of Hg, through the Hg Mercury 4 Fund. HGT said that the combination of CTAIMA and e-coordina will create a leading Iberian contractor management, risk and […]
In QuotedData’s morning briefing 2 August 2024: Riverstone Credit Opportunities Income (RCOI) has provided an update on its investment in a loan to Harland & Wolff Group Holdings Plc following an announcement by that company. Alongside other credit funds managed by Riverstone, RCOI is co-invested in a US$115m loan to Harland &Wolff, of which RCOI’s […]
