HICL Infrastructure Company has announced the completion of an incremental investment of GBP7.5m in the Medium Support Helicopter Aircrew Training Facility project. HICL has invested GBP7.5m by way of an RPI-linked note to fund an upgrade in the visual systems in the simulators, keeping the facility at the leading edge of technology and capability. The […]
The Board of Better Capital PCC Limited was informed today by the General Partner of BECAP12 Fund LP that it has disposed of its debt instruments in BECAP Jaeger (UK) Limited. Confidentiality undertakings prevent any further disclosure of the identity of the buyer. The 2012 Fund expects to receive net funds of approximately GBP7m/ 2.2 pence […]
Epiris has completed the sale of Audiotonix, a leading manufacturer of audio mixing consoles, to Astorg, a leading European private equity firm, having achieved the necessary regulatory approvals. Electra Private Equity has received proceeds from the sale of GBP203 million, an uplift of GBP62 million or 44% and equivalent to an increase in its NAV […]
Aberdeen Asian Income Fund reports that its NAV rose by 29.9% over the course of 2016, outpacing the 27.7% rise in the MSCI All Country Asia Pacific ex-Japan Index (total return basis). The share price rose by 28.4% on a total return basis to 194.3p, while the discount widened slightly, notwithstanding significant buy-back activity, from 6.8% […]
Amedeo Air Four Plus is proposing to acquire four Airbus A350-XWB aircraft for leasing to Thai Airways. The rental income from these will be paid in US dollars. The new acquisitions are intended to allow them to maintain the target dividend yield of 8.25 pence per share. The new deals will be structured similarly to the old ones. Three of the new […]
Epiris has announced that it has agreed the sale of Treetops Nurseries, the UK’s fourth largest nursery education operator, to Busy Bees. The transaction is anticipated to close in April. Electra Private Equity is expected to receive proceeds from the sale of GBP93 million, an uplift of GBP44 million or 91% and equivalent to an increase in […]
International Public Partnerships reports that, for the year ended 31 December 2016, it delivered overall NAV growth of 24.3% to GBP1.6 billion (partly on the back of a £200m fund raise during the year). NAV per share growth was 9.2% to 142.2 pence (2015: 130.2 pence). Its IFRS profits before tax rose by 119.4% to GBP175.3 million (2015: GBP79.9 […]
India Capital Growth reports that the Net Asset Value of the fund rose by 20.4% in sterling terms over the course of 2016, though adjusting for the dilution caused by the exercise of the Subscription Shares, the rebased NAV was up 28.5%, in line with the Mid Cap Total Return Index, which was up 28.8%. Within […]
BlackRock Emerging Europe beat its benchmark by 6.4% in US dollar terms over the year to 31 January 2017. The net asset value per share increased by 38.2% in US Dollar terms (55.8% in Sterling terms) which compared favourably with the MSCI Emerging Europe 10-40 Index return of 31.8% in US Dollar terms (48.6% in Sterling terms). […]
Volta Finance Limited has announced a change in the Directors’ remuneration following a detailed external review carried out by Trust Associates. At a meeting on 28 March 2017, upon the recommendation of the Remuneration Committee the Board adopted Trust Associates’ recommendations in full, backdated to 1 February 2017, noting that the purpose of the changes […]
