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 […]
Summit Germany’s results for 2015 show it increasing its EPRA NAV from 87 cents to 97 cent per share. The company’s second fund raising and the profit generated during the reporting period contributed greatly to the increase in the Group’s EPRA NAV of the whole fund to EUR427.5 million as of the end of the reporting period. […]
Atlantis Japan reports that 56.27% of the votes cast on the poll were against LIM’s Resolution, which sought to instruct the Board to put to shareholders proposals for the restructuring and/or liquidation of the company. Accordingly, LIM’s Resolution was not passed. Noel Lamb, Chairman of Atlantis Japan Growth Fund, said: “The vote against the resolution […]
Electra’s interim results show it generating a total return on net assets of 15% for the six months ended 31 march 2016, well ahead of a 7% return for the Morningstar Private Equity Index. The discount widened a little leading to a 9% return to shareholders. The return on the UK market for the period was […]
Empiric Student Property says it has exchanged contracts to acquire, subject to planning, the freehold of a site on Well Street, Exeter, at a cost of £1.5 million (excluding fees). The Company is in the process of applying for planning permission with Exeter City Council for a premium student accommodation development on the site, comprising […]
Troy Income & Growth reports that, for the six months ended 31 March 2016, it delivered a net asset value total return of +6.2%. The share price total return of +6.7% reflected a small increase in the premium to NAV, while the FTSE All-Share Index produced a total return of +3.5% over the same period. […]
Africa Opportunity’s ordinary share net asset value per share of US$ 0.874 as at 31 December 2015 decreased by 11% from the 31 December 2014 net asset value per share of US$1.011, including dividends. The C share net asset value per share of US$0.821 as at 31 December 2015 decreased 9% from the 31 December 2014 n […]
British & American has published results for 2015. Net assets at the year end were £30.2m, an increase of 11.4 percent. This compares to decreases in the FTSE 100 and All Share indices of 4.9 percent and 2.5 percent, respectively, over the period. On a total return basis, after adding back dividends paid during the […]
Electra Private Equity has announced the sale of their interest in Kalle, the global manufacturer of artificial sausage casings and sponge cloths, to Clayton Dubilier & Rice LLC. The transaction is subject to regulatory approvals. Upon completion Electra is expected to receive proceeds of £22 million (based on current exchange rates), Together with proceeds from the […]
