Keystone has published its interim accounts for the six months ended 31 March 2016. The company’s shares gave a total return of -3.6% over this period. The underlying net asset value per share (with debt at fair value) gave a total return of +1.2%. These compare with a total return by the company’s benchmark for performance measuring […]
Both P2P Global Investments and VPC Speciality Lending have come out with statements saying they have no equity investment in Lending Club. VPC Speciality Lending said “it does not hold a position in LendingClub Corp and has never had any exposure to them nor any loans originated by them”. P2P Global said its investment manager is […]
HgCapital has today announced an investment in STP Group, a leading provider of insolvency and law practice software, based in Germany, in partnership with the current CEO and co-founder Gunther Thies. Mr Thies retains a significant interest in the business and will continue as CEO. The investment was made from HgCapital’s Mercury Fund which focuses […]
LondonMetric Property Plc has announced that the Metric Income Plus Limited Partnership (“MIPP”), its joint venture with Universities Superannuation Scheme Ltd (“USS”), has sold its retail parks in Bridgwater, Chatham and Grimsby for GBP15.9 million (LondonMetric share: GBP8.0 million), reflecting a blended NIY of 5.7%. The 33,000 sq ft Range store in Bridgwater has been […]
Polar Capital Global Healthcare says, for the six months to 31 March 2016 it generated a Net Asset Value total return of 0.5% which was behind its benchmark, the MSCI Healthcare Index (total return in Sterling with dividends reinvested) which rose by 5.1% over the same period. The share price fell by 3.7% over the […]
K&C REIT has announced that, on 6 May 2016, it agreed to acquire the entire issued share capital of The Osprey Management Company Limited from Ms Susan Hards for an aggregate consideration of £1.6m. Osprey owns a portfolio of freehold interests in a number of high quality retirement and residential properties in London and southern England. In addition, […]
JPMorgan Elect has published its interim results. For the half year ended 29th February 2016, the total return on the company’s net assets was -1.3% for the Managed Growth portfolio and -1.1% for the Managed Income portfolio. The total return on the Managed Cash portfolio was +0.3%. The Managed Growth portfolio has delivered a total […]
Kennedy Wilson Europe Real Estate has completed the acquisitions of two suburban office assets in Sandyford and Blackrock in South Dublin for an aggregate consideration of EUR76.9 million (GBP60.8 million) and Towers Business Park in Manchester for GBP82 million. The acquisitions will be funded from the Company’s existing cash resources. KWE completed the acquisition of […]
John Laing Infrastructure Fund has announced that it has entered into an agreement with Acsa, Obras e Infraestructuras, S.A.U., a member of the Sorigué group, to acquire an additional 13.5% interest in the Barcelona Metro Stations Line 9 Section II project (pictured). JLIF’s existing 40% interest in Section II was acquired in January 2016 from […]
Baring Emerging Europe, managed by Matthias Siller (pictured), has announced its interim results for the six months ended 31 March 2016. During the period, it provided an NAV total return of 18.2% beating its MSCI EM Europe 10/40 benchmark index, which returned 14.3%. The share price total return was 12.2%, slightly underperforming the benchmark, which reflects a […]
