GCP Asset Backed Income Fund Ltd Novation of investment management agreement (8426C)
20 April 2017 - 6:32PM
UK Regulatory
TIDMGABI
RNS Number : 8426C
GCP Asset Backed Income Fund Ltd
20 April 2017
GCP Asset Backed Income Fund Limited
(the "Company" or "GCP Asset Backed Income")
Novation of investment management agreement
20 April 2017
The Company has today approved the novation of its investment
management agreement from Gravis Capital Partners LLP to Gravis
Capital Management Limited, as part of the transfer of the
investment manager's fund management and advisory business from a
limited liability partnership to a newly-incorporated limited
company under substantially the same ownership.
All other contractual arrangements in the investment management
agreement including fees, term and service provision remain
unchanged.
For further information, please contact:
Gravis Capital Management Limited +44 (0)2075181490
David Conlon david.conlon@gcpuk.com
Philip Kent philip.kent@gcpuk.com
Dion Di Miceli dion.dimiceli@gcpuk.com
Cenkos Securities plc +44 (0)2073978900
Tom Scrivens tscrivens@cenkos.com
Oliver Packard opackard@cenkos.com
Sapna Shah sshah@cenkos.com
Buchanan
Charles Ryland charlesr@buchanan.uk.com
Victoria Hayns victoriah@buchanan.uk.com +44 (0)2074665000
Notes to Editors
The Company
GCP Asset Backed Income, which invests in asset backed loans, is
a closed ended investment company traded on the London Stock
Exchange's main market for listed securities. Its investment
objective is to generate attractive risk-adjusted returns primarily
through regular, growing distributions and modest capital
appreciation over the long term.
The Company seeks to meet its investment objective through a
diversified portfolio of investments secured against contracted,
predictable medium to long term cash flows and/or physical assets
which are predominantly UK based.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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