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Equity investment into Pocket Living

Pocket
Client: Pocket Living
Size: Undisclosed

Opus co-advised the shareholders of Pocket Living on securing equity finance for the acquisition and development of at least five affordable housing sites. Founded in 2002, Pocket Living designs and develops affordable starter homes for purchase across London. This deal will assist in Pocket’s aspiration to accelerate its development programme in London and to build a nationwide brand.

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Merger with Foresight VCT

Keydata1
Foresight
Client: Keydata Income VCT 1 and Keydata Income VCT 2
Size: £6.4m

Opus advised Keydata Income VCT 1 and Keydata Income VCT 2 on their merger with Foresight VCT. The merger enabled shareholders in the Keydata VCTs to gain exposure to a broader and more diversified portfolio of underlying investments, whilst reducing the level of annual running costs.

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Initiation of buy-out financing

Seligman
Client: Seligman Private Equity Select LLP
Size: Undisclosed

Opus initiated the financing for the recent buy-out of Seligman Private Equity Select LLP from La Compagnie Financiére Edmond de Rothschild Banque SA

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Investment in strategic land fund

Howard de Walden
Client: Howard de Walden family
Size: Undisclosed

Opus provided advice in respect of the Howard de Walden family's investment in Welbeck Strategic Land LLP

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Sale of Richcourt Fund Advisors

Client: Citco
Size: Undisclosed
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Acquisition of Gartmore

Client: Nationwide Financial
Size: $350m
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Sale of Charterhouse Bank to management

Client: RBS
Size: £238m

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Bid defence in hostile bid by Storebrand

Client: Skandia
Size: £800m
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ClientTransactionSize

Pocket Living Equity investment into Pocket Living Undisclosed
Keydata Income VCT 1 and Keydata Income VCT 2 Merger with Foresight VCT £6.4m
Seligman Private Equity Select LLP Initiation of buy-out financing Undisclosed
Howard de Walden family Investment in strategic land fund Undisclosed
Citco Sale of Richcourt Fund Advisors Undisclosed
Nationwide Financial Acquisition of Gartmore $350m
RBS Sale of Charterhouse Bank to management £238m
Skandia Bid defence in hostile bid by Storebrand £800m

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