Digital 9 Infrastructure plc (“D9”) announces successful Placing raising an additional £275m
21 January 14
21 January 14
Triple Point, the private investment specialist, today announced plans to invest in the community construction sector. Clients will now be able to gain exposure to the new investment offering through Triple Point’s Enterprise Investment Scheme (EIS) discretionary investment management service.
Triple Point will invest in a number of companies specialising in the construction and development of accommodation for social housing tenants. The buildings constructed will be used by young adults with mental and/or physical disabilities who are often looking to move out of their family homes for the first time.
Commenting on new investment strategy, James Cranmer, Partner at Triple Point who co-leads the firm’s investment origination process, said:
“For nearly ten years Triple Point has identified and executed on smart new investment opportunities for our clients. Our targeting of the specialist community construction market is the latest example of our thinking: robust diligence, tangible and accessible assets backed by government incentives and timely identification of opportunities.
“We have assessed the opportunity in community construction for some time and we now believe it is the right time to invest. However, capacity in the sector is expected to be taken quickly so clients looking to participate in this opportunity should contact us for more information.”