World Library  
Flag as Inappropriate
Email this Article

Electra Private Equity

Article Id: WHEBN0017609489
Reproduction Date:

Title: Electra Private Equity  
Author: World Heritage Encyclopedia
Language: English
Subject: Lil-lets, The Journal of Commerce, BH Macro, Bankers Investment Trust, City of London Investment Trust
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Electra Private Equity

Electra Private Equity
Public Company
Traded as LSE: ELTA
Industry Private Equity
Founded 1976
Headquarters London, UK
Key people
Roger Yates, (Chairman)
Products Investments, private equity funds
Revenue £71.0 million (2014)[1]
£40.0 million (2014)[1]
£(20.0) million (2014)[1]
Website www.electraequity.com

Electra Private Equity is a British-based investment trust specialising in private equity. The trust is managed by Electra Partners LLP an independent private equity fund manager and is a constituent of the FTSE 250 Index.

History

The company was founded by Michael Stoddart in 1976 as Electra Investment Trust.[2] The current management team of the company's manager, Electra Partners, trace their roots with the firm to 1992. In 1999 3i Group made an unsuccessful hostile bid to take over the company.[2] In 2005, Electra Partners Europe completed a spinout from its investment trust parent.[3] The following year, in 2006, Electra Partners Europe renamed itself Cognetas.[4] The team who remained at Electra Partners continued to manage Electra Private Equity PLC.

Operations

Electra’s objective is to achieve a rate of return on equity of between 10–15% per year over the long term by investing in a portfolio of private equity assets.

References

  1. ^ a b c
  2. ^ a b Electra bombshell on pay blew up 3i talks The Independent, 30 March 1999
  3. ^ Electra spin-out delays fundraising. Dow Jones Financial News, May 27, 2005
  4. ^ Electra Partners Europe renames itself Cognetas, opens new office in Italy. AltAssets, September 6, 2006

External links

  • Official site
  • Yahoo Profile
  • Hemscott Profile


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.