Case Studies
West Hill acted as Financial Advisor and also project managed the AIM listing of Macau Property Opportunities Fund
Macau Property Opportunities Fund
Macau Property Opportunities Fund is a Guernsey closed-end investment company that was formed to invest in commercial and residential property in Macau and the Pearl River Delta. The Company is managed by Sniper Capital, a specialist property investment manager.
West Hill advised the Company and alongside broker Collins Stewart raised £105m in the AIM IPO.
-
Capital Raised
£105m AIM IPO
-
Investors
Substantial Institutional investor list. Cornerstone investors included Invesco Perpetual and GLG as well as USS and Moore Capital.
-
Outcome
Adjusted NAV is 2.5x initial IPO price.