Saba threatens to sue Edinburgh Worldwide over SpaceX share sale “debacle” as battle with trust’s board hots up
Saba Capital’s Boaz Weinstein has threatened to sue the board of Edinburgh Worldwide (EWI) if it does not respond to the activist hedge fund’s questio...
Morning briefing: Literacy Capital books £15m Wifinity sale for debt repayment; HGT backs OneStream buyout with £93m; Phoenix Spree condo sales beat targets
Literacy Capital (BOOK), the £260m UK private equity fund, has sold Wifinity, the internet managed service provider and one of its earliest investment...
Top trusts of 2025: Gold shines, space rockets, and China finally rallies
Association of Investment Companies data details the top performing trusts and sectors of the year, and while some may be obvious, others may surprise you.
Another Reit bites the dust as PRS exits market
PRS cancelled its shares this morning following the unanimous approval of shareholders, with the number of listed Reits almost halving since 2022.
Private equity valuation uplift boosts Patria portfolio
Patria Private Equity enjoyed an uplift to its portfolio as it benefits from the ongoing trend for rising valuations in the private market.
Underperforming Blackrock Latin American triggers 25% tender
The last Latin American trust standing will tender up to a quarter of its shares after failing to meet performance goals.
Trust Spot: 10 best funds that made 2025 a glittering year for some investors; and the worst 10 that were a total wind-up
A review of the very best and worst investment trusts last year with some thoughts on potential recovery plays. Last year will go down as a golden 12 ...
Morning briefing: Underperforming BlackRock Latin American triggers 25% tender; goodbye PRS REIT; shrinking Bellevue’s buybacks continue; Patria Private Equity up 2.1% in November
BlackRock Latin American (BRLA) is to hold a 25% tender offer after failing to hit the performance target set by its board over four years ago despite...
Saba attacks Edinburgh Worldwide chair for record high FCA fine
The activist targeted Simpson-Dent’s history at HomeServe, which received the highest fine ever given to a retail company during his tenure.
Oakley Capital takes £55m stake in debt administrator
Oakley Capital Investments has kicked off the year by ploughing £55m into a debt administrator via a fund run by its parent company.
Oakley Capital takes majority stake in debt administrator
Oakley Capital Investments has kicked off the year by ploughing £55m into a debt administrator via a fund run by its investment adviser.
GRID powers ahead with major UK battery acquisitions
Gresham House Energy Storage is over half way towards its pipeline goal, working ahead of time in its three-year recovery plan.
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