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Tetragon Financial ( (NL:TFG) ) just unveiled an update.
Tetragon Financial Group Limited has announced the sale of a 16.1% minority stake in Equitix to Hunter Point Capital (HPC), valuing the infrastructure investor at £1.3 billion. This transaction allows Tetragon to realize some value from Equitix while maintaining a majority stake and continuing its partnership with HPC, which will bring additional expertise and relationships to support Equitix’s growth and innovation in the infrastructure sector.
More about Tetragon Financial
Tetragon Financial Group Limited is a Guernsey closed-ended investment company with non-voting shares listed on Euronext in Amsterdam and traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Its investment manager is Tetragon Financial Management LP. The company focuses on alternative asset management through its platform, TFG Asset Management.
Learn more about TFG stock on TipRanks’ Stock Analysis page.