ACP Capital Limited

ACP Capital Limited (LSE AIM: APL) is a Jersey-incorporated specialist integrated finance and asset management company focusing on both the asset-backed and non assetbacked sectors in the European small and mid-sized enterprise (SME) market. The company's shares were admitted to trading on AIM in January 2006, raising approximately £50m before cost... s, followed by a further £15m share placing in December 2006. In March 2007, the company completed a further £150m capital raising in order to finance its intended development plans, including the development of additional funding lines, managed vehicles and strategic platforms to originate loans and assets in Germany, the UK, France and Italy. As an integrated finance specialist, ACP Capital offers a combination of equity, mezzanine and senior debt to companies in niche markets, such as the German 'Mittelstand' (privately-owned SMEs), and for asset-backed transactions in sectors like real estate and infrastructure. The company intends to put in place levered loan and noninvestment grade funding vehicles in order to complement its current product base with a view to providing financing solutions across the capital structure. As an asset manager, ACP Capital manages a series of investment vehicles that can provide the required funding for its integrated finance capabilities. ACP Capital intends to launch at least two managed vehicles each year in specific sectors in its target markets. These managed vehicles are intended to take advantage of the planned flow of asset opportunities from the expansion of the company's funding capabilities and strategic platforms. ACP Capital intends to receive management and performance-related fees from these vehicles in addition to any share price increase as a strategic equity investor. To date, ACP Capital has launched two such vehicles, ACP Mezzanine Limited and IFR Capital plc. On 8 March 2007 ACP Capital announced that it had raised a committed leverage facility of £125 million with Deutsche Bank for ACP Senior High Yield, a ...Read More