JZ Capital Partners Limited has closed an investment in Pacific Medical LLC, its fourth investment through the Jordan Health Products platform since 2015. JZCP invested $4.2 million in the transaction. Founded in 2005, and based in San Juan Capistrano, California, Pacific Medical repairs, services and sells new and refurbished medical equipment, specialising in patient monitoring devices and […]
Riverstone Holdings LLC, the Manager of Riverstone Energy Limited, has announced that it has agreed to the sale of 100% of the membership interests in Rock Oil Holdings LLC, a Denver- and Houston-based oil and gas company focused on the Permian Basin, to SM Energy Company (NYSE: SM), a US-based E&P company. Rock Oil was […]
NB Private Equity is planning to issue a new class of ZDPs with a maturity in 2022. At the same time they plan to offer holders of their 2017 zeros the chance to rollover into the new issue. They are hoping for a total issue size of £50m. The new ZDPs would be issued at […]
Over the first half of 2016 European Assets’ portfolio had, what the chairman describes as a “torrid” time. he says progress was made on the economic front but political risk ultimately dominated the market, especially after the British decision to exit the European Union. The NAV, in sterling total return terms, fell by -4.0% against a Euromoney Smaller European Companies (ex […]
Over the first half of 2016, Kennedy Wilson European Real Estate’s adjusted NAV rose by 5.1% to 1233.8p. Adjusted earnings per share were up 17% to 26.8p. The first half dividend is 24p – they are paying quarterly dividends of 12p. The GBP3,063.2 million property portfolio comprises 268 directly owned assets with a total area […]
Woodford Patient Capital says its portfolio declined in value by 10.8 per cent over the first half of 2016 and the company’s shares ended the period at a modest discount of 3.1 per cent. Two new non-executive directors have been brought onto the Board following consultation with shareholders. The new non-executive directors have specific investment trust experience. […]
JZ Capital Partners, alongside its long-term real estate partner, RedSky Capital and The Clark Estates, has acquired Esperante Corporate Centre, a landmark office building in West Palm Beach, Florida. Located at 222 Lakeview Avenue in downtown West Palm Beach, Esperante sits at the gateway to the island of Palm Beach, providing tenants with easy access […]
Premier Energy & Water’s results for the six months t the end of June 2016 show that its portfolio recorded a total return including income received of 10.1%. This was below the FTSE All-World Utilities Index which delivered a total return in sterling of 27.1%. Unlike the fund, the global utilities index has a high weighting […]
Custodian REIT has acquired a 105,757 sq ft distribution unit on Winsford Industrial Estate, located 10 miles from junctions 18 and 19 of the M6. Nearby occupiers include Henkel, Iveco and Jiffy Packaging. The unit is let to H&M Hennes and Mauritz UK Limited on a lease expiring on 23 June 2025. Current passing rent […]
Atlantis Japan underperformed the TOPIX Index over the year to the end of April 2016, returning -6.4% against -4.6% for the Index in US dollar terms (-1% vs +1% in sterling terms). The statement says performance relative to TOPIX was negatively affected by the maintenance of net gearing during most of the year and the concentration […]
