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Welcome to the new Electra Private Equity stream forum! Messages posted in the Electra Private Equity stream will be logged here for posterity.
Note out from Panmure this morning: "After mulling the possibilities, we have taken the view that the situation created by ELTA’s board combined with the investees’ fundamentals and maturity is likely to concentrate a sufficient slug of investment performance into the next 12 months such that the NAV performance will outweigh the strategic uncertainties... We tip our hats to the persuasiveness of Ed Bramson and Ian Brindle (elected to the fund’s board in November 2015). The 2015 circular arguing for their election to the board (unlike the defeated 2014 circular) made no reference to strategic change just that governance could be improved."
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