In QuotedData’s morning briefing 16 September 2022: RTW Venture’s (RTW’s) portfolio company, Third Harmonic Bio Inc., has completed its initial public offering (IPO) and has listed on Nasdaq (ticker: THRD). The upsized issue raised US$185.3m by offering around 10.7m shares at US$17.00 per share. Third Harmonic Bio is a clinical-stage biotechnology company developing a first-in-class, […]
Independent Living REIT has published its prospectus you can access this here Application forms are towards the back of the document. There is an intermediaries offer – if you are interested, contact your usual investment platform to ask if they are participating. Access to the IPO is restricted by geography. In particular, you should not be accessing […]
BlackRock Latin American (BRLA) has announced that Ed Kuczma is stepping down from his role as a portfolio manager and, with immediate effect, Sam Vecht will become the lead portfolio manager and Christoph Brinkmann will become the deputy portfolio manager. Mr Vecht is a Managing Director in BlackRock’s global emerging markets equities team and has […]
In QuotedData’s morning briefing 9 September 2022: Riverstone Credit Opportunities Income (RCOI) has announced that it is upsizing its investment in Hoover Circular Solutions, a sponsor-backed company that is a global leading specialty rental provider of containers and mobile asset management solutions across the energy, industrial, refining, and petrochemical industries. In October 2020, RCOI participated in a […]
“Go nuclear and go large and go with Sizewell C”, the final words from Boris Johnson as prime minister, before he hands over the office to possibly Rishi Sunak or, more likely, Liz Truss, next week. It is not surprising that Johnson, known for his love of grandstanding while being simultaneously sketchy on the details, […]
Trian Investors 1 (TI1) has announced that, following consultation with major shareholders, it will compulsorily redeem no less than 95% of each shareholders’ holding by 30 June 2023 at the latest. It says that this redemption is to be satisfied by a distribution of the investment partnership’s underlying assets (including an in specie distribution of […]
In QuotedData’s morning briefing 2 September 2022: ICG Enterprise Trust (ICGT) has announced that it has made a US$20m commitment to Green Equity Investors IX, managed by Leonard Green & Partners (LGP). This is the first commitment by ICGT to a fund managed by LGP. Founded in 1989, LGP is a private equity investment manager […]
Oakley Capital Investments Limited (OCI) has announced that Oakley Capital Fund V, in which it has a holding is investing in Phenna Group, which OCI describes as a leading platform in the testing, inspection, certification, and compliance (TICC) sector. It comments that TICC is a large, fragmented and growing market driven by favourable trends from […]
VH Global Sustainable Energy Opportunities (GSEO) has announced that it has acquired the Mascarenhas Hydro Electric Facility in the state of Espírito Santo, Brazil. The 198MW run-of-river facility, which has been operational since 1974, is being acquired for a total consideration of BRL1,225m. This comprises BRL 800m on closing, subject to adjustments, with the remainder […]
Picton Property Income (PCTN) has announced that it has completed the freehold acquisition of 109-117 High Street, Cheltenham for £5.3m. The property, which is mixed-use, comprises 7,700 sq. ft of ground floor retail space with 11,450 sq. ft of office space over two upper floors. It is located in Cheltenham’s pedestrianised town centre, adjacent to John […]
