Vinaland and VinaCapital Vietnam Opportunities (VOF) are selling their entire stakes in the 21(st) Century International Development Joint Stock Company (Century 21 Project) located in Ho Chi Minh City, Vietnam. The site is a future residential – mixed use development site, with a total site area of 301,060 square metres which was acquired in 2006 for […]
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 […]
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 […]
Symphony International Holdings has announced today that it, together along with a co-investor, has entered into an agreement with Bridgepoint Development Capital (“BDC”), a leading European private equity fund, to acquire Financière CL SAS, the holding company of the Christian Liaigre Group (“CLG”). Since Christian Liaigre opened his design studio in 1985 in Paris, the […]
Finsbury Growth & Income reports a 10% total return on net assets and a 9.9% return to shareholders for the six months ended 31 March 2016. This is an impressive return on a period when the FTSE All-Share Index returned 3.5%. the first interim dividend for the period was 6.1p – up from 5.5p for […]
