The contract of Electra Partners (Electra) to be the investment portfolio manager of listed vehicle Electra Private Equity (EPE) has been terminated, as part of an ongoing strategic review set in motion by activist investor Edward Bramson in January.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
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