Kestrel raises a further £27m for its Opportunities Fund

Kestrel is pleased to announce that having temporarily re-opened the Opportunities Fund (“KOF”) in March 2014, it has taken in another £27m of capital. Following this capital raise, KOF has once again been closed to new subscriptions.

Max Royde, Chief Executive of Kestrel, says: “Having originally closed KOF to new subscriptions in March 2013, we had invested the majority of our capital. We decided to temporarily re-open the fund as we continue to see several exciting investment opportunities and wanted a bit more capacity to put to work. KOF now has total assets of c.£125m and our enthusiasm for investing in small, unloved UK quoted companies remains undiminished.”