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Closed End Funds

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TFG Announces Closing Of Greenoak Real Estate Merger With Sun Life's Real Estate, Bentall Kennedy

Tuesday, 2 Jul 2019

July 2 (Reuters) - Tetragon Financial Group Ltd (TFG) ::TETRAGON FINANCIAL GROUP LIMITED ANNOUNCEMENT OF CLOSING OF GREENOAK REAL ESTATE MERGER WITH SUN LIFE'S REAL ESTATE AND PROPERTY MANAGEMENT FIRM BENTALL KENNEDY.THE COMBINED BENTALL KENNEDY AND GREENOAK ENTITY IS NAMED BENTALLGREENOAK AND IS PART OF SLC MANAGEMENT, THE INSTITUTIONAL ALTERNATIVES ASSET MANAGEMENT BUSINESS OF SUN LIFE, PROVIDING BENTALLGREENOAK WITH ACCESS TO THE SUPPORT AND RESOURCES OF A GLOBAL ASSET MANAGER.

Lazard World Dividend & Income Fund Announces Tender Offer

Wednesday, 20 Feb 2019

Feb 19 (Reuters) - Lazard World Dividend and Income Fund Inc ::LAZARD WORLD DIVIDEND & INCOME FUND ANNOUNCES TENDER OFFER IN CONNECTION WITH ITS PROPOSED REORGANIZATION INTO LAZARD GLOBAL TOTAL RETURN AND INCOME FUND.LAZARD WORLD DIVIDEND AND INCOME FUND- HAS APPROVED CONDITIONAL ONE-TIME TENDER OFFER TO ACQUIRE, IN EXCHANGE FOR CASH, UP TO 20% OF LOR'S SHARES OF STOCK.LAZARD WORLD DIVIDEND AND INCOME FUND- ACQUISITION PRICE IS EQUAL TO 98% OF LOR'S NET ASSET VALUE ("NAV") PER SHARE.

GLI Finance Ltd Will Close Its Supply Chain Finance Offering

Friday, 8 Feb 2019

Feb 8 (Reuters) - GLI Finance Ltd ::GLI FINANCE LTD - CONTINUES TO GROW, WITH REVENUE FOR YEAR ENDED 31 DECEMBER 2018 ("FY18") EXPECTED TO BE APPROXIMATELY £13 MILLION.GLI FINANCE LTD - EXPECTS TO SUFFER FURTHER MATERIAL WRITE DOWNS IN ITS FINTECH VENTURES PORTFOLIO.GLI FINANCE LTD - SEVERAL OF PLATFORMS ARE FINDING IT HARDER TO RAISE FURTHER CAPITAL AT VALUATION LEVELS PREVIOUSLY EXPECTED.GLI FINANCE LTD - WHILE PERFORMANCE IMPROVED IN 2018, IT IS BEHIND MANAGEMENT'S EXPECTATIONS WITH A FORECAST OPERATING LOSS OF £1 MILLION.GLI FINANCE LTD - BELIEVES MARKET FOR SUPPLY CHAIN FINANCE HAS CHANGED SIGNIFICANTLY.GLI FINANCE LTD - CREDIT INSURERS REDUCING APPETITE TO WRITE COVER AND INCREASING PREMIUMS MARKEDLY.GLI FINANCE LTD - GROUP HAS TAKEN DECISION TO CLOSE ITS SUPPLY CHAIN FINANCE OFFERING.GLI FINANCE LTD - HAS A £1.1 MILLION EXPOSURE TO A SUPPLY CHAIN FINANCE BORROWER WHICH RECENTLY WENT INTO ADMINISTRATION.GLI FINANCE LTD - WILL PRUDENTLY RECOGNISE A PROVISION IN RESPECT OF ITS FULL EXPOSURE IN FY18.

Globalworth Real Estate Introduces Nomination Committee

Wednesday, 31 Oct 2018

Oct 31 (Reuters) - Globalworth Real Estate Investments Ltd ::BOARD HAS INTRODUCED A NOMINATION COMMITTEE, A FUNCTION THAT WAS PREVIOUSLY UNDERTAKEN BY BOARD AS A WHOLE.BOARD HAS DIVIDED PREVIOUS REMIT OF EXISTING AUDIT AND RISK COMMITTEE INTO SEPARATE AUDIT AND RISK COMMITTEES.

Oaktree Says Urges Ranger Board To Recommend Wind-Down Of RDL

Tuesday, 24 Apr 2018

April 24 (Reuters) - Oaktree Capital Management: :OAKTREE SENDS LETTER TO RANGER BOARD OF DIRECTORS REGARDING STRATEGIC REVIEW.OAKTREE CAPITAL MANAGEMENT SAYS FUNDS MANAGED BY IT, AN 18.56% SHAREHOLDER OF RANGER DIRECT LENDING FUND, SENT A LETTER TO RANGER BOARD ON APRIL 11.OAKTREE SAYS COME TO CONCLUSION RANGER DIRECT LENDING SHAREHOLDERS' INTERESTS ARE BEST SERVED BY WINDING DOWN CO, RETURNING CAPITAL TO SHAREHOLDERS.OAKTREE CAPITAL MANAGEMENT - URGES RANGER BOARD TO RECOMMEND WIND-DOWN OF RDL AS PREFERRED OPTION IN ONGOING STRATEGIC REVIEW PROCESS.OAKTREE - WILLING TO SUPPORT RDL WIND-DOWN EFFORT BY NOMINATING UP TO 2 NONEXECUTIVE DIRECTORS TO JOIN BOARD AT RANGER'S INVITATION.

Roumell Asset Management Submits Letter To Board Of Directors Of Medley Capital

Tuesday, 17 Apr 2018

April 17 (Reuters) - ROUMELL ASSET MANAGEMENT ::ROUMELL ASSET MANAGEMENT SUBMITS LETTER TO BOARD OF DIRECTORS OF MEDLEY CAPITAL.ROUMELL ASSET MANAGEMENT SAYS OWNS ROUGHLY 1.1 MILLION SHARES OF MEDLEY CAPITAL CORP OR ABOUT 2.1% OF MCC'S OUTSTANDING SHARES AS OF FEB 5.ROUMELL ASSET MANAGEMENT-BELIEVE MEDLEY CAPITAL BOARD SHOULD UNDERTAKE EFFORT TO SELL BUSINESS; UNDERLYING INVESTMENT PORTFOLIO & MANAGEMENT AGREEMENT.ROUMELL ASSET MANAGEMENT SAYS "BELIEVE THERE IS AN ATTRACTIVE MARKET FOR MCC'S INVESTMENT PORTFOLIO WELL ABOVE WHERE MCC'S CURRENT STOCK TRADES".

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