Hg completes acquisition of Italian online hosting provider DADA – Hg (HGT) is a private equity firm targeting middle-market buyouts primarily in Europe. Hg focuses on investments in technology, services and industrial technology sectors. Hg has completed its investment in DADA S.p.A (DADA), a leading provider of online hosting services to SMEs in Italy, the UK and […]
VinaCapital Vietnam invests in local poultry company – VinaCapital Vietnam Opportunity Fund has invested in Ba Huan JSC, Vietnam’s leading producer of pasteurised eggs and poultry meat. The fund has invested USD32.5 million to acquire a significant minority stake in the company and may also invest a moderate amount of additional capital during the next twelve months as […]
Greencoat ongoing charges drop as it breaks £1bn market cap – Greencoat UK Wind PLC has reported results for the year ended 31 December 2017. Its total shareholder return for the year was 8.4%. The NAV per share increased from 107.0p on 31 December 2016 to 109.6p on 31 December 2017, an increase of 2.4%. Declared dividends […]
Henderson Alternative Strategies adopts lower fee structure – The Board of Henderson Alternative Strategies Trust (HAST) as agreed with the managers of the fund Henderson Investment Funds Limited a new fee strategy that is lower than the previous level. Currently, the management fee is charged at a rate of 0.70% per annum. With effect from 1 April […]
Core trust holding Gilead gets the zinc finger Gilead Sciences took another major step in its strategy to dominate the burgeoning field of cell therapy for cancer yesterday, with a deal to secure exclusive access to Sangamo’s zinc finger nuclease (ZFN) gene editing technology for use in this field. The deal, in which Gilead paid […]
Positive stock selection delivers outperformance for Allianz Technology – Allianz Technology Trust (ATT) announced that for the year to 30 November 2017, the company’s Net Asset Value (NAV) per share increased by 41.0%. The benchmark index, the Dow Jones World Technology (sterling adjusted, total return), increased by 31.5% over the same period, creating an outperformance for the portfolio of […]
Flat 2017 for Intu despite Brexit worries – Intu has announced results for the year ended 31 December 2017. Highlights were NAV (adjusted and diluted) rising from 404p to 411p as the market value of their investment properties rose from £9,985m to £10,529m. Net rental income was up to £460m from £447m but underlying earnings per share were flat […]
Oakley Capital sells Parship and Verivox – Oakley Capital Investments says that Oakley Capital Private Equity II has reached an agreement to sell its 38.5% stake in PARSHIP ELITE Group and 9.9% stake in Verivox to NuCom Group, ProSiebenSat.1’s Commerce unit. The agreement is subject to approval by the responsible antitrust authorities. Oakley Capital Investments will […]
Civitas Social Housing comments on First Priority Housing Association – Civitas Social Housing leases 45 properties to First Priority Housing Association. Regulator’s report The Regulator of Social Housing released a report last week that said: First Priority Housing Association Limited (4702) is a small Registered Provider of homes for a vulnerable client group, primarily adults […]
FSFL chasing the Sun to the Southern Hemisphere – Solar power plant operator Foresight Solar (FSFL) has released its full year’s results to 31st December 2017. The company’s foray into the Australian market, where there are four plants under construction represents their first international acquisitions. Further developments outside the UK are expected. In the report, the […]
