Latest article: Oct 10, 2026
In original language: 44 of 136 articles
NewsPantheon International PlcPIN
Selling funds, buying back shares and keeping capital for new investments are three decisions that belong in the same picture.
NewsPantheon International PlcPIN
In a private fund, you commit capital. On the stock market, you buy a stake in an existing portfolio. The structure changes the timing, costs and exit.
The Korean group is heading for another record quarter. For Brederode shareholders, the effect depends on Samsung’s share price and the position’s weight in the portfolio.
NewsGroupe Bruxelles Lambert SAGBLB
A €53 offer, a major seller already committed and more shares still needed. How far has the consortium come, and what does that mean for GBL shareholders?
NewsProsus N.V.PRX
Prosus bought 2.24 million of its shares from 28 September to 2 October for €79.84m, continuing its ongoing repurchase programme.
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Second-quarter profits improve while third-quarter US sales stagnate. Repair at the manufacturer has not yet restored distributions to Exor.
September’s bonds give the holding company time. They create payments that portfolio revaluations alone cannot finance.
Closing confirms value already recorded. The next use of capital must replace the asset sold and the earnings it supplied.
Asset values rise while the share price falls. Behind the discount lies a simple question: when will private fund values turn into available cash?
A digital infrastructure manager joins the group. Its clients' assets do not thereby become SoftBank's own wealth.
A 4% bond at the holding company and a separate acquisition financing plan for Recordati are two different layers of leverage.
The price is undisclosed. The deal shows how a targeted purchase could strengthen a highly profitable subsidiary while making only a modest difference to the holding company's debt.
The travel platform offers a tangible measure of Prosus's ecosystem strategy. It tracks sales linked to iFood, not yet incremental profit for the holding company.
Net debt was 9.4% of assets at the last published balance-sheet date. The meaningful test begins when the new capital is invested in less liquid holdings.
At its 23 September conference, the Baillie Gifford trust showed where its performance comes from: a few very large winners, and companies that adapt faster than the rest. From SpaceX to Chinese batteries, the same rule keeps coming back.
The half-year report separates two movements hidden in a single net result: the value loss on one holding and a larger cash balance at the parent company.
The 24 September issuer statement changes the financing picture: the remaining bridge capacity was undrawn, and bond coupons are now known.
IK Partners, Monroe Capital and Committed Advisors have transformed the portfolio. Assets have shifted quickly; profits, cash and risk have not yet completed the same transition.
The 21 September AFM filing supersedes the distinction in our original article: the threshold has now been crossed in actual shares and votes, with no further potential interest reported.
SpaceX, Stripe, Anthropic, Databricks and Zipline connect the two trusts. Yet their scale, gearing and governance turn the same assets into two different equations.
The new contract does more than change SpaceX's revenue mix. It asks Scottish Mortgage, US Growth and Sofina shareholders to look beyond rockets and Starlink.
A computer and phone have been seized from a former commercial executive. No unlawful use has been established, but the investigation shows why restaurant data have become a strategic asset in Brazil's delivery war.
An external evaluator will be able to observe model design and deployment. For three listed holdings exposed to Anthropic, the test is whether that access becomes real oversight or merely another compliance cost.
The revolver has reportedly been increased by $450m and extended for a year. It improves financial flexibility, but leverage and cost depend on what is actually drawn.
The autonomous-drone maker now accounts for 3.8% and 4.0% of the two trusts. The NAV uplift is real, but it creates neither immediate cash nor a guaranteed exit price.
