Ranger Direct Lending has reported interim results covering the first half of 2016. The proceeds of the initial public offering (IPO) on 1 May 2015 and December’s secondary issue of Ordinary Shares were all substantially deployed by the end of 2015, so Ranger began 2016 with all of its assets committed to Debt Instruments, less […]
India Capital Growth reports that, despite Indian markets enduring a shaky start to the year in lockstep with equity volatility globally, its portfolio performance has remained robust, with the net asset value per share rising 17.2%, as compared with the notional benchmark’s performance of 14.9% over the six months ended 30 June 2016. the 17.2% return […]
North Atlantic Smaller Companies reports that for the six month period to 31 July 2016, the fully diluted adjusted net asset value (with Oryx under the equity method of accounting) rose by +3.0% as compared to a rise in the sterling adjusted Standard & Poor’s 500 Composite Index of +20.6% and the FTSE Small Cap […]
Empiric Student Property has announced its annual results for the year ended 30 June 2016. The company grew its portfolio significantly during the year, from £251.3m to £523.9m, funded by £286.4m of gross equity proceeds and a further £120m of debt. As a result, the company says that its portfolio of purpose-built student accommodation increased […]
NB Private Equity Partners has announced that it has issued 50m new 2022 Zero Dividend Preference Shares (2022 ZDP shares), at 100p each, raising £50m. The issue was conducted by way of a rollover offer of the company’s 2017 ZDP Shares, into 2022 ZDP Shares, and an offer for subscription and the initial placing of […]
Fair Oaks Income Fund has announced that, further to the announcement it made on 4 July 2016 regarding its intention to return capital to Shareholders, it will return $5,930,400 (equivalent to 1.849 cents per share) on 29 September by way of a compulsory partial redemption of shares (the First Redemption). The company says that the […]
Alternative Asset Opportunities PCC Limited has made an announcement about Traded Life Interests. On 23 June 2016 it announced that it was exploring the possibility of a sale of the portfolio. The Board is pleased to announce today that is has conditionally agreed to sell 71 of the Company’s 80 policies for a total cash consideration […]
JZ Capital Partners has announced that it has closed the sale of its minority stake in Winn Group, held through the EuroMicrocap Fund 2010, L.P. to a major financial institution for €20.8m ($23m) following the receipt of regulatory approval. Founded in 2002, Winn is a Newcastle-based UK legal services firm specialising in personal injury cases. […]
Oakley Capital Investments Limited (OCIL) has announced that it has been informed that Inspired, which it describes as a ‘premium schools organisation in Europe, Australia, Africa and Latin America’, has completed the acquisitions of the International School of Europe Group (ISE), St Louis School (St. Louis) and St John’s International School (St. John’s). Oakley Capital […]
HICL Infrastructure Company Limited, has announced the purchase of a proportion of the Road Management Services (A13) PLC Index-Linked Guaranteed Secured Bonds 2028 for GBP50.1m. The Bonds were issued in 2000 to finance the A13 Thames Gateway PFI Project and have the benefit of an unconditional and irrevocable financial guarantee from the monoline MBIA UK in […]
