Despite a limited number of new issues, fundraising was prevalent in the investment company sector during Q2, with 3i Infrastructure topping the table having raised £385m, according to QuotedData.
The £1.5bn trust's share issue was oversubscribed as were many other fundraising activities between April and June. Sequoia Economic Infrastructure, which provides debt to the infrastructure market, came in second, raising £175m against a target of £150m. Specialist property trusts Primary Health Properties and Target Healthcare REIT raised £150m and £84m respectively, even though the Property Direct - UK sector suffered towards the end of the quarter on the back of issues within the open-ended property space. Nick Train's Finsbury Growth & Income trust tops the table of funds that...
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