HgCapital, the manager of HgCapital Trust, has announced that it has made a majority investment in Kinapse, a global provider of advisory, capability building and operational services to the life sciences industry, headquartered in London. HgCapital Trust will invest in Kinapse alongside other institutional clients of HgCapital, who will participate through the HgCapital 7 Fund. […]
Ediston Property Investment Company has announced that it has acquired the Citygate building (pictured), a modern office building in Newcastle, for £18.95m (net of acquisition costs). The company says that the purchase reflects a net initial yield of 6.57% and will be funded from a combination of cash resources and an increase of £12.42m in […]
Henderson Global Trust, chaired by Richard Hills (pictured), has announced that it has been undertaking a strategic review of the trust and, after consultation with its advisers, the board has concluded that certain shareholders would prefer access to a global income strategy in the current market environment while others may wish to retain exposure to a […]
Oakley Capital Investments has provided a trading update for the 12 months ended 31 December 2015. The company says that its NAV per share (unaudited) is expected to be in the range of £1.98 – £2.00, which represents an increase of approximately 9% on the end of June 2015 figure. Oakley Capital Investments invests alongside […]
VietNam Holding has announced its interim results for the six months ended 31 December 2015. During the period, the company’s NAV rose 6.6% and its share price rose 6.4% both beating the Vietnam All Share Index, which fell 2.6%. The discount widened modestly during the period from 13.0% to 14.1% but the board say that […]
VPC Specialty Lending, chaired by Andrew Adcock (pictured) has announced that over 90 % of the net proceeds from its existing C share issue (admitted to trading on 2 October 2015) have now been invested and, reflecting this, the Board anticipates that the conversion will take place on 4 March 2016. The new ordinary shares, arising from […]
Toro has published its first set of accounts, covering the period from 2 March 2015 to 30 September 2015. It raised €331.8m (gross of issue costs) on 8 May 2015 when it IPOd. There were two additional placings made during the Period, €16.4m (gross of issue costs) on 17 July 2015 and €8.8m (gross of issue costs) […]
Custodian REIT has announced that it has sold a 7,333 square foot purpose-built office on Madison Place Business Park, Manchester for £1.35m, which is £0.15m ahead of its 30 September 2015 valuation. Prior to marketing, the lease term with Central Manchester University Hospitals NHS Foundation Trust was extended from four years to 10 years. The […]
John Laing Infrastructure Fund has announced that it has completed the purchase of a 40% stake in the Barcelona Line 9 Section II metro project, an agreement that was initially announced in December 2015. The consideration of the acquisition was the Euro equivalent of approximately £85m and was funded through JLIF’s existing cash resources and […]
F&C Managed Portfolio Trust has published interim results for the six months ended 30 November 2015, announcing a net asset value total return of -5.1% for the Income shares and -2.4% for the Growth shares compared to the FTSE All-Share Index return of -6.4%. The key drivers of the performance of the Growth Portfolio were […]
