In QuotedData’s morning briefing 14 November 2022: CT Private Equity Trust (CTPE) sold a portion of its investment in the Italian funeral services business of San Siro and related entities (HOFI S.p.A.) on 10 November 2022. CTPE initially invested in San Siro in January 2019 in a deal led by Augens Capital. This investment has […]
This week, I had the opportunity to join a capital markets day for JLEN Environmental Assets (JLEN). The event, which was well attended, provided us with a useful update on JLEN’s strategy (which was welcome in light of current market conditions). We also had a presentation from Sten Falkum (CEO of Hima Seafood) and Heidi […]
Long Term Assets Limited (LTA) has issued an intention to float (ITF) this morning, in which it has announced plans for an initial public offering (IPO) on the Specialist Fund Segment of the main market of the London Stock Exchange. LTA says that it will then launch a 12-month placing programme, aimed in particular at […]
On 2 November 2022, Hurricane Energy Plc, in which Crystal Amber (CRS) holds a 28.9% interest, announced that it had received an unsolicited offer for the company and that following a period of engagement with the bidder Hurricane had received an offer for the entire issued share capital of the Company at an indicative offer […]
abrdn Latin American Income (ALAI) has published its annual results for the year ended 31 August 2022. During the period, ALAI’s net asset value (NAV) rose 6.8% in total return terms over the year, compared with an increase of 11.5% for the benchmark. The share price was broadly flat over the period, ending the year […]
In QuotedData’s morning briefing 11 November 2022: Capital Gearing Trust (CGT) has announced its interim results for the six months ended 30 September 2022. At the half-year end, CGT’s net asset value per share was 4,798.4p, compared to 5,025.1p at 31 March 2022. This represents an NAV total return of -3.5% over the previous six […]
Pantheon Infrastructure (PINT) has committed to invest approximately €52.7m (£46.0m at current exchange rates) in Asterion Industrial Partners’ interest in National Broadband Ireland (NBI), an Irish fibre to the premises (FTTP) network developer and operator. NBI is working on a project that is expected to help bridge the digital divide between rural and urban areas […]
In QuotedData’s morning briefing 9 November 2022: Picton Property Income (PCTN) has published its interim results for the six months ended 30 September 2020 in which its NAV fell 2.3% to 117p per share. This was mainly driven by a like-for-like portfolio valuation decrease of 1.9% to £852m. EPRA earnings were stable at £10.7m, or […]
Cordiant Digital Infrastructure (CORD) has announced that it has received regulatory approval for the acquisition of Emitel, expected to be completed mid—November 2022. Emitel is the second large, diversified digital infrastructure platform acquired by CORD, purchased for PLM 1920m (c.£360m). The completion of the transaction will mean a full utilisation of CORD’s Eurobond facility of […]
In QuotedData’s Morning briefing 7 November 2022: ICG Enterprise Trust (ICGT) has announced a $15m commitment to Clayton, Dubilier and Rice Fund XII . This is ICGT’s second commitment to funds managed by CD&R, following a $10m commitment to CD&R XI in 2020. CD&R is a global investment firm, headquartered in New York, that executes a […]
