Over CC Japan Income & Growth’s (CCJI) annual results period to 31 October 2019, the company delivered a total NAV return of 9.9% in sterling total return terms while the sterling total return of the Tokyo Stock Exchange (Topix) was up by 7.2%. CCJI says it has recorded a 69.7% NAV total return since listing in […]
Merian Chrysalis (MERI) has published its annual results covering the period from its incorporation date on 3 September 2018 to 30 September 2019. Since dealing in MERI’s shares began on 4 November 2019, it has delivered a total NAV return of 14.6% and a share return of 24%. Extract from the manager’s report “The last 11 […]
Hipgnosis Songs (SONG) has announced it has acquired a music catalogue from 3 times Ivor Novello award winning British songwriter and producer, Brian Higgins. Brian Higgins has produced music for the likes of Cher and Kylie Minogue Over the last 25 years Brian Higgins has produced and co-written in excess of 35 top 10 hits including […]
In QuotedData’s other news 23 January 2020 – The private equity company, ICG Enterprise (ICGT), announced that non-executive director Jane Tufnell has been appointed chair-designate of the company. She will succeed Jeremy Tigue, who, as previously announced, will step down from the Board at the 2020 AGM. Jane joined the ICG Enterprise Board in April […]
Syncona (SYNC), a leading healthcare company focused on founding, building and funding global leaders in life science, has noted that its portfolio company, Autolus Therapeutics (Autolus) has announced the pricing of its underwritten public offering in the United States of 7,250,000 American Depositary Shares (ADSs) representing 7,250,000 ordinary shares for total gross proceeds of approximately $80m (£60.7 million[1]). SYNC says it has agreed […]
Real Estate Credit Investments (RECI) committed over £105m in December 2019, across four deals. A £38m loan to a portfolio of 17 properties located across the UK, which include completed residential apartments in London, future development assets (either with full planning, outline planning or resolution to grant) and one office; A €4m loan to fund […]
Symphony International (SIHL) has announced that it has fully exited its investment in IHH Healthcare Berhad (IHH), which it describes as one of the largest healthcare providers in the world by market capitalisation with 15,000 beds across 80 hospitals in 10 countries. SIHL invested approximately US$50m in Integrated Healthcare Hastaneler Turkey Sdn Bhd (IHT) in February 2012 that […]
The economic infrastructure debt investor, Sequoia Economic Infrastructure (SEQI), has announced that it has committed the proceeds of its £280m revolving credit facility (RCF). As at 31 December 2019, SEQI had outstanding drawings on its RCF of £224m and cash of £55.8m, amounting to in net leverage of £168.m. SEQI also had undrawn commitments on existing investments […]
Henderson Alternative Strategies (HAST) has released the following update: “In our interim results for the half-year to 30 September 2019, we reported that Alex Barr, the senior portfolio manager of the company, had undertaken a root-and-branch review of the portfolio and our company’s competitive positioning. In addition, he had been meeting shareholders and listening to […]
In QuotedData’s other news 16 January 2020 – Bankers Investment Trust (BNKR) has reported annual results to 31 October 2019 with the global sector company delivering a total NAV return of 12.1% (the benchmark FTSE World Index returned 11.7%). BNKR’s chair, Sue Inglis, noted the following in her outlook statement: “Global economic growth remains positive, […]
