Investment Companies

Active in the investment company sector (including REITs and off-shore structures) for many years, both as corporate adviser and asset manager, our experience is focused on real estate, infrastructure and power. Our corporate activity includes IPOs, secondary fundraisings, restructurings and re-domiciles, internalisations of the fund manager, and ultimate sales.

We maintain a close and active dialogue with many of the larger international institutional investors focused on the sector.

IPOs

Brazilian sugar and ethanol assets

£100m IPO with £100m fundraise

Originator, sole financial adviser, sole broker

December 2006
Indian infrastructure assets

£37m IPO with £37m fundraise

Originator, financial adviser, broker

June 2008
Development of a new REIT and IPO raising £200m

Financial Adviser

December 2013
Development of a new REIT and IPO raising £85m

Financial Adviser

June 2014

Carbon credits and clean tech

£135m IPO with £135m fundraise

Sole financial adviser, Nomad and joint broker

April 2005
LatAm renewable energy and clean tech

$150m IPO with $100m fund raise

Originator, sole financial adviser, Nomad and broker

April 2006
Indian commercial real estate

£250m IPO with £250m fundraise

Nomad and sole broker

April 2006

Secondary Fundraisings for Investment Companies

£175m fundraise

Financial Adviser

March 2015
£54m fundraise

Financial Adviser

June 2015
£75m fundraise

Financial Adviser

July 2015
£86m fundraise

Financial Adviser

October 2015

£150m fundraise and move to the Main Market

Financial Adviser

July 2014
£65m fundraise and establishment of share issuance programme

Financial Adviser

November 2014
£110m placing, tranche 2 of share issuance programme

Financial Adviser

December 2014
£85m fundraise

Financial Adviser

March 2015

Eastern European commercial real estate fund

£100m Placing

Nomad and sole broker

April 2007
Brazilian sugar and ethanol assets

£21m Placing

Originator, financial adviser, sole broker

December 2007
US$240m acquisition, reverse takeover and associated £33m placing

Originator, Financial Adviser & Asset Adviser

March 2011
£20m equity placing

Financial Adviser

May 2014

Energy assets

£30m Placing

Financial adviser, Nomad and sole broker

November 2006
Carbon credits and clean tech

£175m ‘C’ share issue

Sole financial adviser, joint broker

April 2006
Energy assets

£43m Placing

Sole financial adviser, Nomad and joint broker

December 2006

Asset Management

Appointment as Asset Adviser to closed-ended fund

(net assets increased by over $200m during Akur’s appointment)

November 2009 – 2012
Sale of Akur asset advisory contract to Guggenheim Group

Related to asset management of Infrastructure India plc – fund with >$330m AuM

May 2012

Internalisation ⁄ restructuring of fund manager

Brazilian sugar and ethanol
Internalisation of fund manager

Financial adviser, sole broker

April 2008
Energy assets

Restructuring and change of domicile

Financial adviser and Nomad

June 2008
State-of-the-art warehousing in Russia

Internalisation of fund manager

Financial adviser and Nomad

November 2008
c.$400m US cleantech fund

Sale of fund manager and restructuring

Financial adviser

September 2009

Other roles

State-of-the-art warehousing in Russia

Recruitment of Chairman on behalf of major shareholders

Financial adviser

May 2007
Eastern European commercial real estate fund

Emergency management restructuring and prevention of suspension (following administration of parent)

Financial adviser and Nomad

July 2008
Indian infrastructure assets

Defeat of proposals by activist shareholder to remove Directors

Originator, financial adviser

April 2010
Indian infrastructure assets

Cancellation of listing on Official List and Admission to AIM

Originator, financial adviser

November 2010

UK infrastructure assets

Sale delivering 35% IRR

Financial adviser

May 2007

Transaction Archive:

Investment Companies Technology