Front page news

29 Apr 2016

3i Infrastructure announces two new investments

3i Infrastructure has today announced two new investments – a €200m investment in TCR, Europe’s largest owner of aircraft ground support equipment and a €5m investment in a PPP backing the regeneration of Hart van Zuid in the Netherlands. 3I Infrastructure will invest approximately €200m, subject to completion adjustments, in TCR, in a consortium with Deutsche […]

29 Apr 2016

Candover sells part stake in Technogym

Candover Investments has announced the partial realisation of its investment in Technogym S.p.A, which is managed by Arle Capital Partners Limited.  The partial realisation follows the initial public offering of Technogym. In the IPO of Technogym, Candover will sell 62.5% of its interest in Technogym for net cash proceeds of £11.7 million.  Candover’s remaining interest in Technogym […]

28 Apr 2016

International Public Partnerships investing in Gold Coast Light Rail

International Public Partnerships Limited has announced that the GoldLinQ consortium will make a further investment into a 7.3km extension to the Gold Coast Light Rail project in Queensland, Australia. The original A$1.29 billion project delivered by the Queensland Government and GoldLinQ saw the development of a 13km light rail system between Gold Coast University Hospital and Broadbeach. […]

28 Apr 2016

Witan plans to buy back Aviva’s stake

The Board of Witan Investment Trust announces that it has agreed in principle with Aviva Investors Global Services Limited (“AIGSL”) as agent acting in its capacity as investment manager for and on behalf of Friends Life Limited, to purchase up to Friends Life’s entire holding of 31,636,753 shares (representing 15.8 per cent. of the issued share […]

27 Apr 2016

INPP commits another £5m to new schools programme

International Public Partnerships Limited  has announced that the Amber Consortium, of which INPP is part, has reached financial close on the last of the five privately financed batches of schools being delivered through the Priority Schools Building Programme (PSBP). The project uses an innovative financing model based upon the establishment of a funding vehicle known […]

27 Apr 2016

NextEnergy Solar Fund is moving to quarterly dividend payments

NextEnergy Solar Fund has provided an update for the year ended 31 March 2016, through which it has announced that it is moving to paying quarterly dividends. Going forward, the Company will now pay dividends to shareholders on a quarterly basis, starting from the first quarter of the Company’s current financial year (the year ending […]

27 Apr 2016

Empiric Student Property to forward fund Europa House development in Portsmouth

Empiric Student Property has announced that it has acquired a site, on a 199 year lease, and entered into a forward funding arrangement in relation to a development in Portsmouth, known as Europa House (pictured). The company say that the project comprises a 242 bed redevelopment to create a new premium student accommodation scheme, for […]

27 Apr 2016

Baker Steel Resources is moving ahead with Prognoz acquisition

Baker Steel Resources Trust has provided an update on its intention to increase its ownership in Polar Silver Resources Limited. Polar Silver Resources is the trust’s largest investment (25.8% of net assets as at 31 March 2016). It is a private limited company, incorporated in the British Virgin Islands, which owns 100% of ZAO Argentum. […]

27 Apr 2016

Chelverton boosted by unquoted write up

Chelverton Growth Trust’s half year results for the six months ended 29 February 2016 show its Net Asset Value per share rising by 4.1% from 54.95p to 57.21p.  This compares favourably to its benchmark indices, the AIM All-share index and the MSCI Small Cap UK, which declined by 5.1% and 2.7% respectively. The share price increased by […]

27 Apr 2016

Phaunos Timber sells Green Resources stake

The Board of Phaunos Timber announces the sale of its 14% stake in Green Resources AS for NOK 69.9 million (US$8.5 million at USD:NOK 8.2).   The sale is consistent with Phaunos’ strategy of rebalancing its portfolio to one that comprises predominantly higher yielding, lower risk assets.  The sale follows the recent distribution received from the […]