QuotedData’s morning briefing 4 September 2024 – AGA, GOT, MIGO
In QuotedData’s morning briefing 4 September 2024:
- Apax Global Alpha Limited (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €12m in Altus Fire & Life Safety on a look-through basis. On 3 September 2024, Apax XI, in which AGA is a limited partner, announced an investment in Altus Fire & Life Safety, a leading provider of regulation-mandated fire and life safety services in the northeastern region of the United States. The transaction closed in August 2024.
- Global Opportunities Trust (GOT) announced its interim results for the period ended 30 June 2024. The NAV total return was 3.1% whilst the share price increased by 1.0%. In comparison, broader market benchmarks returned 12.2% although the company notes is has no stated benchmark against which it seeks to outperform.
- MIGO Opportunities Trust (MIGO) announced that 5.3% of its outstanding shares have been elected following its realisation opportunity. The realisation price for the elected shares is 358.22 pence per ordinary share, a 2% discount to the NAV per ordinary share.