Investment Adviser strategic partnership

RNS Number : 4760H

GCP Infrastructure Investments Ltd

04 December 2020

 

GCP Infrastructure Investments Limited

("GCP Infra" or the "Company")

LEI 213800W64MNATSIV5Z47

Investment Adviser strategic partnership

4 December 2020

GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, notes the press release this morning by its Investment Advisor, Gravis Capital Management Limited ("Gravis"), that Gravis has entered into a strategic partnership with ORIX Corporation ("ORIX") whereby ORIX will acquire a 70% equity stake in the Gravis business*.

ORIX is a diversified financial services group. Its asset management operation has grown significantly over recent years and the partnership with Gravis will allow it to expand into the UK infrastructure, debt, renewable energy and property sectors.

The board of the Company has been in active discussions with both ORIX and Gravis in relation to this transaction. It is reassured that there will be no changes to the team currently providing services to the Company and that service levels will be uninterrupted by the transaction. It sees as a positive that Gravis will remain independently-managed and will operate under its current brand whilst ORIX's global presence will, over the longer term, provide Gravis's management team with additional experience, expertise and access in areas such as asset sourcing, financing and potential new investors.

* The transaction is subject to regulatory approvals and customary conditions to closing.

For further information please contact:

Gravis Capital Management Limited                      [phone]
Philip Kent
Dion Di Miceli 

Stifel Nicolaus Europe Limited  [phone]  

Mark Bloomfield

Nick Donovan

Buchanan / Quill                       [phone]
Helen Tarbet 

Sarah Gibbons-Cook
Henry Wilson 

About GCP Infra

GCP Infra is a closed-ended investment company and FTSE-250 constituent whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained, long-term distributions and to preserve capital over the long term by generating exposure to UK infrastructure debt and related and/or similar assets.

The Company primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues. Where possible, investments are structured to benefit from partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited.

GCP Infra has been awarded with the London Stock Exchange's Green Economy Mark in recognition of its contribution to positive environmental outcomes.

 

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