Edward Bramson’s Sherborne Investors has accumulated a 10.24% stake in Electra Private Equity Plc (LON:ELTA) which is an investment trust listed on the London Stock Exchange and focused on private equity investments.
The stake is through Sherborne’s Guernsey vehicle and is made up of 1,897,266 ordinary shares and 1,721,848 non-voting total return swaps.
Sherborne’s investment thesis
Its motives for investing in Electra Private Equity Plc(LON:ELTA), passive or active, are not yet clear.
Sherborne Investors, which...
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