.jpg)
- Doric Nimrod Air Two lists £145m initial market capitalisation
- Will become tenth fund on the market
The London Stock Exchange today welcomes Doric Nimrod Air Two Limited (DNA2) to the Specialist Fund Market (SFM). DNA2 is the tenth fund listed on the SFM and lists with £145 million initial market capitalisation.
DNA2’s investment strategy involves the purchase and leasing of aircraft to a major global airline. DNA2, which is incorporated in Guernsey, builds on the success of Doric Nimrod Air One Limited which was admitted to the SFM in 2010.
Tracey Pierce, Director of Equity Primary Markets at London Stock Exchange Group said:
“We are really pleased to welcome Doric Nimrod Air Two to the SFM today. The innovative structure of this new fund is perfectly suited to the Specialist Fund Market, where it will benefit from access to a pool of highly sophisticated investors.
The SFM is specifically designed to support investment structures of this type and the entry of Doric Nimrod Air Two to the market is testament to the success of the SFM in giving new funds, with a clear investment strategy, a specialised route to accessing international capital.”
Richard Bolchover, a Partner at Nimrod Capital LLP said:
"This is the fourth company Nimrod Capital has listed on the SFM. The market does what it says on the tin - it is a specialist market where bespoke providers can introduce differentiated and entrepreneurial product to sophisticated, professional investors."
Doric Nimrod Air Two is the eleventh IPO on the SFM since launch and becomes first issuer to have joined the SFM this year.
Funds currently listed on the market are as follows:
- Altus Resource Capital Limited
- CATCo Reinsurance Opportunities Fund Ltd
- Damille Investments Limited
- Doric Nimrod Air One Limited
- Doric Nimrod Air Two Limited
- HarbourVest Global Private Equity Limited
- IRF European Finance Investments Limited
- Marwyn Value Investors Limited
- NB Private Equity Partners Limited
- NB Distressed Debt Investment Fund Limited
