Triple Point mulls more fundraising after Covid-19 hits IPO
Managers hopeful of hitting £200m target
James Cranmer and Ben Beaton of Triple Point
Coronavirus restrictions hampered Triple Point Investment Management's fundraising efforts for its Triple Point Energy Efficiency Infrastructure trust IPO in October, with the inability to meet with new investors preventing the firm from hitting its £200m target, according to the firm’s managing partners.
The impact investor hopes to raise more capital for the trust, which secured £100m at IPO last month, and is banking on drawing greater investor support for the offering once it establishes a track record....
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