Molten rallies on hope for better 12 months after three-year meltdown
Molten Ventures perks up after forecasting a ‘meaningful’ recovery in exits from early-stage digital companies that could help narrow the huge 64% discount at which its shares trade.
NB Private Equity makes modest progress in 2023
NB Private Equity Partners says that over 2023 its NAV total return in dollars was 2.3%. A narrowing discount meant that the share price return was be...
Biopharma Credit makes new $100m loan
BioPharma Credit is lending $100m to Trasus Pharmaceuticals. BioPharma Credit Investments V will lend an additional $100m alongside this. Based in the...
US Solar cuts dividend as implements new tender offer
US Solar Fund is planning a fixed-price tender offer at $0.764 per share (equivalent to the 31 December 2023 NAV of $0.78 per share, less 2% for the c...
Nvidia bet pays off for Martin Currie Global Portfolio
Martin Currie Global Portfolio managed to beat the return on the MSCI All Country World Index over the 12 months ended 31 January 2024, returning 11.2...
QuotedData’s morning briefing 24 April 2024 – APAX, ORIT, CAT, CATC, GRID
In QuotedData’s morning briefing 24 April 2024: Apax Global Alpha (APAX) is investing about €8m (through its investment in Apax Digital II) into IANS,...
Martin Gilbert linked India trust seeks Abrdn fund merger
India Capital Growth, whose Ocean Dial fund manager is part of the new group of Aberdeen Asset Management founder Martin Gilbert, has made several merger approaches to Abrdn New India.
Hipgnosis Song Management releases statement regarding recent issues
Hipgnosis Song Management, the investment advisor for Hipgnosis Songs Fund (SONG) has issued a statement regarding the recent issues surrounding the t...
David Stevenson: Ship funds are sturdy vessels in the alt-income fleet
The UK stock market is badly mispricing Tufton Oceanic and Taylor Maritime, notwithstanding the global economic uncertainty.
Stifel upgrades bid ‘target’ Gresham House Energy Storage
Battery fund jumps 5% after analyst Sachin Saggar lifts stock to ‘positive’ from ‘neutral’, saying the shares trade below the replacement cost of its storage systems.
Temple Bar’s manager speaks out against Royal Mail bid
Ian Lance, co-manager of Temple Bar, had this to say: We note the statement from the Board of IDS confirming that on 9 April 2024 it received a prelim...
RM Infrastructure Income making steady progress on wind down
RM Infrastructure Income (RMII) has released its annual results for the year end 31 December 2023. Earlier in the year, it was announced that the comp...
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