Investment Company News

08 Jul 2016

Hammerson takes control of Dundrum, Ireland’s leading shopping centre

Hammerson, together with its joint venture partner Allianz Real Estate, has successfully secured the ownership of Dundrum Town Centre, Ireland’s pre-eminent shopping and leisure destination as part of a portfolio of market-leading retail assets in Dublin, Ireland. Hammerson and Allianz acquired loans secured against a portfolio of retail assets in September 2015 from the National Asset […]

08 Jul 2016

Polar Capital Global Financials just ahead of benchmark

During the six months to 31 May 2016 Polar Capital Global Financials generated a fully diluted Net Asset Value total return of -0.59%. The portfolio’s benchmark, the MSCI World Financials Index (Total Return with dividends reinvested), returned -0.84% over the same period. The price of the ordinary shares closed the period at 97.75p, a decline of […]

07 Jul 2016

Artemis Alpha will cut exposure to unquoteds

Artemis Alpha has published results for the year ended 30 April 2016. The Company’s net asset value per share fell by 6.1 per cent during the year  on a total return basis. This compares with a fall of 5.7 per cent in the FTSE All-Share Index over the same period. Although the quoted investments were […]

07 Jul 2016

Ecofin reconstruction proposals update

On 31 May 2016, Ecofin Water & Power Opportunities plc published a circular and notice of general meeting to be held on 24 June 2016 at which the Company’s shareholders would vote on the continuation of the Company. The circular contained details of a proposed scheme of reconstruction of EWPO under section 110 of the […]

07 Jul 2016

GLI Alternative Finance proposed changes to investment restrictions

GLI Alternative Finance plc announces that it has posted a circular convening a general meeting of the Company at which it will be proposed that certain changes are made to the investment restrictions of the Company. The Proposals are subject to approval by shareholders of the Company at the General Meeting. Upon launch in September […]

07 Jul 2016

Riverstone Energy to invest $175m in Centennial Resource Development

Riverstone Energy has announced that it has signed an agreement, alongside other funds affiliated with Riverstone Holdings, LLC, to acquire a majority stake in Centennial Resource Development LLC from NGP Energy Capital and certain other related coinvestment funds. Centennial is an exploration and production company focused on the acquisition and development of oil and liquids-rich […]

06 Jul 2016

Caledonia buys Liberation pubs and drinks business

Caledonia Investments has announced that it has agreed terms to acquire The Liberation Group Limited, the Channel Islands’ market leading pub, restaurant and drinks business, from LGV Capital, part of Legal & General Capital, the principal investment arm of Legal & General Group, in a transaction which values Liberation at GBP118m. Led by Chief Executive […]

05 Jul 2016

VPC Speciality Lending manager to reinvest part of fee

Victory Park Capital Advisors, LLC, the investment manager to VPC Speciality Lending, has agreed an amendment to the investment management agreement with the Company. Under the revised agreement, Victory Park Capital Advisors will invest 20 per cent. of its monthly management fee received from the Company into shares in the Company at the prevailing market […]

05 Jul 2016

Standard Life Property Income statement

The independent Board of Standard Life Property Income Trust notes the announcement made yesterday by Standard Life Investments to suspend trading in the Standard Life Investments UK Real Estate Fund, an open ended Property Authorised Investment Fund (“PAIF”). The Board would like to emphasise that Standard Life Investments Property Income Trust , being a closed […]