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MTH - Mithras Investment Trust News Story

241p 0.0  0.0%

Last Trade - 11/09/18

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.24m
Position in Universe th / 1807

Mithras Inv.Trst PLC - Transfer of LGAS interest in Mithras Capital Fund

Thu 23rd July, 2015 3:52pm
RNS Number : 9464T
Mithras Investment Trust PLC
23 July 2015

23 July 2015


Transfer of LGAS interest in Mithras Capital Fund LP

The Company announces that it has been informed by Legal & General Assurance Society ("LGAS") that, following an auction process organised on behalf of LGAS, it has sold its 55 million commitment in Mithras Capital Fund LP ("MCF") to Pomona Capital VIII, LP.

Pomona Capital is a global private equity firm which specialises in secondary investing, having raised over $8 billion in capital commitments across its sponsored-funds since its inception in 1994.

Sebastien Bowen, Principal of Pomona Capital, said: "We have been following MCF for several years, having been in regular dialogue with the Investment Manager, Bernie Boylan. We are delighted to be able to acquire LGAS' interest in MCF and look forward to working together with the Company and the Investment Manager".

The sale of LGAS' commitment in MCF to Pomona Capital VIII, L.P. has no direct impact on the Company. LGAS remains the Company's largest shareholder and continues to support the current realisation strategy being followed by the Company.

For further information contact:

Bernie Boylan

Mithras Capital Partners LLP

020 7872 5651

Neil Langford

Winterflood Investment Trusts

020 3100 0000

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