21st Mar 2022 11:48
Gresham House PLC - London-based investment manager - Sells entire 24% stake in Rockwood Realisation PLC, a fund in wind-down formerly known as Gresham House Strategic. Gresham House says it will have an additional GBP8.5 million in cash on its balance sheet as a result of the disposal. Rockwood has a market capitalisation of GBP35.7 million. Gresham House doesn't say to whom it sold the stake, though it says that as part of the deal, it has agreed to buy an investment in Hanover Co-Invest SCA SICAV-RAIF Sub-Fund 1 from Rockwood for GBP855,586. Read More
