SEEIT, the first UK-listed investment company of its kind to invest exclusively in the energy efficiency sector, is to acquire an initial 112 rapid and ultra-fast EV charging stations across the UK from Electric Vehicle Network Limited (EVN) for a total consideration of up to GBP50 million.
Deals & Transactions
Easterly, an asset management holding company that owns stakes in third-party investment management businesses, has acquired an equity interest in James Alpha Advisors, a boutique asset management firm specialising in Global REITs and liquid alternative portfolio solutions.
IGM Financial (IGM) subsidiary Mackenzie Financial Corporation (Mackenzie) is to acquire all of the shares of GLC Asset Management Group Ltd (GLC), a subsidiary of The Canada Life Assurance Company (Canada Life), for cash consideration of USD175 million.
Aegon Asset Management is set to complete its rebrand of Kames Capital on 7 September 2020.
First Pacific Advisors (FPA), and Bragg Financial Advisors (Bragg), adviser to the Queens Road Funds (Queens Road), have reached an agreement whereby FPA will oversee and market the Queens Road Funds and related institutional separate accounts, while Bragg will continue to manage the Queens Road Funds’ portfolios.
Gresham Technologies (Gresham), a leading fintech in reconciliations, banking integration and cash management solutions, has acquired capital markets data automation specialist, Inforalgo Information Technology Ltd (Inforalgo).
Fully decentralised derivatives exchange protocol, Injective Protocol, has secured USD2.6 million dollars in a seed funding round.
Aceleron, a UK developer of sustainable and reusable battery solutions, has secured a GBP2m million equity investment, with GBP1.45 million coming from BGF, and the remainder from existing investor Mercia Asset Management.
UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) infrastructure business announces has acquired a 14.4 MW operating portfolio of Solar PV assets and a 4 MW biogas portfolio from affiliates of Econergy Renewable Energy Ltd (Econergy) and funds managed by Econergy's partner, RGreen Invest.
The foreign exchange (FX) post-trade infrastructure provider Cobalt, has announced the expansion of its bank investors with Standard Chartered as its latest backer. Having signed as a client on Cobalt’s platform in February, Standard Chartered now joins Citi as an investor in Cobalt’s expanding network.