RDL Realisation Ord (LSE:RDL)

Investment trust

Trust Info

  • Market Cap£60.300m
  • OCF4.16%
  • AIC sector-
  • Manager GroupRanger Alternatives
  • Currency
  • ISINGB00BW4NPD65

Investment Strategy

The investment objective is to effect a Managed Wind-Down with a view to realising all of the Investments in a manner that achieves a balance between maximising the value received from Investments and making timely returns to Shareholders. The Company may sell its Investments either to coinvestors in the relevant Investment or to third parties but in all cases with the objective of achieving the best available price in a reasonable timescale. As part of the realisation process, the Company may also exchange existing Debt Instruments issued by any Direct Lending Platform for equity securities in such Direct Lending Platform where, in the reasonable opinion of the Board, the Company is unlikely to be able to otherwise realise such Debt Instruments or will only be able to realise them at a material discount to the outstanding principle balance of that Debt Instrument.