The £106 million venture capital investment trust spun off from RIT Capital Partners last year takes first step in what it hopes will be £150 million fund-raising programme to take advantage of opportunities after Brexit.
Global growth investment trust Monks has raised its exposure to unquoted technology stocks by taking a stake in Schiehallion, a large investment trust its fund manager Baillie Gifford launched this year.
The largest global emerging markets investment trust has done better than expected in a tough year for the sector, putting it in a stronger position ahead of a continuation vote next month, although the managers are still seen as having something to prove.
Trian Fund Management, the activist US investor founded by Nelson Peltz, grabs stake in plumbing supplier Ferguson through its recently launched London-listed investment company.
Fund raising by real estate investment trusts has stepped up with Picton Property Income looking to gather money to repay its debts as LXi takes in double what it sought in its share offer.
The board of Woodford Patient Capital Trust (WPCT) has held discussions with its broker Winterflood about sacking its fund manager Neil Woodford, according to the Financial Times.
Landlords vote today on whether to accept rent cuts from Green's Arcadia Group or force it into administration. Custodian's Richard Shepherd-Cross is taking a hard line, believing company voluntary arrangements (CVAs) are 'massively misused'.
The minnow of the renewable energy sector, Gore Street Energy Storage Fund, has secured £30 million of backing from Ireland’s National Treasury Management Agency, which could double its size.
HgCapital Trust, one of the best performing private equity funds in the UK stock market, launches its first share issue in nine years.
Jill Smith, the embattled boss of Allied Minds, resigns as the Neil Woodford and Invesco-backed technology investor bows to campaign by activist Crystal Amber to slash costs and improve shareholder returns.