Epiris ends Electra management with 10% six-month return
May 26, 2017
Epiris, the manager of Electra Private Equity, has announced a total investment return of 10% for the six months to 31 March, just days before it ceases to operate Electra's funds. The group realised investments to the tune of £1.07 billion in the same period.
Both firms will operate separately starting 31 May. Electra will continue the strategic review it started last year as it looks to boost shareholder value. Epiris managing partner Alex Fortescue told Reuters his firm plans to focus on British assets and has a number of 'interesting opportunities' in the pipeline.