H2-View News: HydrogenOne Fund to Return Cash to Shareholders in Managed Realisation

H2-View News: HydrogenOne fund to return cash to shareholders in managed realisation

The London-listed investment trust said it would pursue a “managed realisation” of its assets, following a review which cited limited scale, and inability to raise follow-on capital, and persistently wide share price discounts to NAV. To support the wind-down, HydrogenOne has appointed Redwheel Asset Management LLP as its new investment adviser and Global Fund Management

HydrogenOne Capital Growth sacks managers and appoints Redwheel to wind down fund

Update: HydrogenOne Capital Growth (HGEN) is to wind down and return what is left of shareholders’ money in the green energy fund after four difficult years. The company, whose shares have lost three quarters of their value since 2021 and languish 70% below net asset value, has appointed Redwheel, the trading name of RWC Asset […]