Vincent Tchenguiz has advised an investment company buying a stake in ‘superwoman’ Nicola Horlick’s Bramdean Alternatives fund.
Tchenguiz’ Consensus Business Group advised Elsina which has bought a 29.9% stake in the company for £40m at an issue price of £1 a share.
Bramdean announced last week that it had raised £131m for its alternative investments fund from institutional and wealthy private investors. Bramdean Alternatives shares began trading on the London Stock Exchange on Monday.
Vincent Tchenguiz, chairman of Consensus, said: ‘I have followed the progress and development of Bramdean’s innovative fund with great interest – its intended portfolio strategy, particularly its emphasis on infrastructural investments, makes it very appealing to us.’
Bramdean Alternatives Limited invests in private equity funds, hedge funds and specialty funds including real estate and infrastructure funds. Horlick is a noted specialist in the city investment market and famed for fighting off muggers outside her south London flat.