Sequoia braves Brexit vol with £146m capital raise

London fotolia
By Aidan Gregory
02 Sep 2019

Sequoia Economic Infrastructure Income Fund Ltd, the London-listed investment fund that specialises in private debt and infrastructure bonds, is preparing to raise £146m to take advantage of a growing pipeline of investment opportunities, despite the political volatility in the UK.

The deal will be Sequoia’s eighth capital increase since its £150m flotation on the London Stock Exchange in February 2015. The fund has grown into a £1.47bn company since it first listed, with about £1.5bn of assets under management.

Stifel is financial adviser to the company and bookrunner ...

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